UAE Civil Transactions Law

Article 614

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Five: Company Contract · Part One: General Provisions · Fourth: Management of the Company

1. The partners may appoint, from among them or from third parties, a person to manage the company and act on their behalf under the company contract or under a separate contract, with or without remuneration. 2. The manager of the company shall have the authority to carry out acts of management and acts of disposition that fall within the purpose of the company and what is necessarily incidental thereto, provided that such acts and dispositions are free from fraud, breach of trust, gross fault, or negligence, and are consistent with the company contract. 3. If the manager of the company exceeds the powers specified in the contract, they shall be liable for any damage that befalls the company as a result of such act. 4. The manager of the company may delegate some of their management powers if authorized to do so under the company contract or a separate contract, provided that they shall remain liable towards the company for the acts of the person to whom such powers are delegated. 5. Any of the partners may object to acts of management and acts of disposition that exceed the objects of the company or violate the company contract or established custom. They may discuss the objection with the other partners and may also resort to the court.

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