UAE Civil Transactions Law

Article 629

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Five: Company Contract · Part One: General Provisions · Seventh: Liquidation and Division of the Company

The assets of the company shall be liquidated and divided in the manner agreed upon by the partners. If they do not agree, any interested party may request the court to appoint one or more liquidators to carry out the liquidation and division, in accordance with the provisions contained in the following Articles.

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