The penalty of imprisonment for a period not exceeding one year and / or a fine of not more than (AED 200,000) two hundred thousand UAE dirhams shall be imposed on whoever: 1. Is not a creditor and gets involved in the deliberations or voting knowing that he is not a creditor. 2. Any controller or trustee who intentionally gives incorrect data about the debtor's condition, confirms this data or discloses data of a confidential nature delivered thereto on the occasion of his appointment as controller or trustee in accordance with this Law.
Interpretation and application must be checked against the official text and current version.
+7 (495) 221 31 46