Financial Restructuring and Bankruptcy Law

Article 273 — Article (273) Embezzlement by the Trustee

Part Seven · Chapter One: Crimes, Penalties and Rehabilitation

1. A penalty of imprisonment and / or a fine of not more than (AED 1,000,000) a million UAE dirhams shall be imposed on any trustee who embezzles the debtor's assets during his management. 2. The court shall order that the assets be returned to the debtor, and may, upon motion of the interested parties, award compensation, if necessary.

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