Provision text match · United Arab Emirates — Dubai · en
Companies Law
Companies Law — segment 2
(2) A Private Company does not breach the fifty (50) Shareholder limit in Article 27(1)(b) if the number of Shareholders in the Company is increased beyond fifty as a result of any transfer or transmission of Shares by operation of law. (3) A Private Company which registers a transfer of shares such that it would have more than fifty (50) Shareholders except
Topics: articles of association, audits, company administration, company filings