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Special Power of attorney to Manage Company by Heirs

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Special Power of attorney to Manage Company by Heirs

Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000734
  • Version V 1.0
  • Last Updated 02-16-2024
  • Reviews 0
Document Summary

This document is used by a legal guardian of an inheritance to appoint an attorney who is also a partner in the company to represent this company before authorities and ministries in the United Arab Emirates and abroad. The attorney represents the company before courts of all degrees in the United Arab Emirates and abroad. The attorney has the power to sign all documents related to the management of the company.

Description

According to article 927 of Federal Law No. 5 of 1985 on the Civil Transactions Law of the United Arab Emirates (as amended), the power of attorney is special if it is restricted to one or more specific matters.

According to article 929 of the same law, any act that is not one of management or preservation requires a special mandate specifying its nature and all acts incidental thereto as required in the mandate.

Jurisdiction

This document is intended for use in the United Arab Emirates.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

  • The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
  • Please delete this front page together with the information contained in the headers, footers, and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
  • Please remove the square brackets and all highlighting prior to signature.