Ask the Law: Businessman cannot force partners to buy his shares in UAE ...United Arab Emirates

Question 1. I am a partner in a company. Currently I am in a dispute with the partners. Due to the dispute, I wished to leave the company and asked the partners to buy my shares. However, the partners asked me to search for a buyer from outside the company, as they were unable to buy my share and I, on my part, did not get any buyer. I want to leave the country. My question is, do I have the right to legally force them to buy my share? What is the appropriate measure to take against them to force them to buy my stake and leave the company? Answer: The partner cannot force other partners to buy his share. The partners in such case must return to the MOA (Memorandum of Association) of the com

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