Disaccord between the shareholders of a company
typically entails differences in opinion, conflicting interests, or
disputes over the management, assignment of shares, control, or
direction of the company including disagreements over strategic
decisions, financial matters, profit distribution, breach of
fiduciary duties, or violation of shareholder rights.
At the outset, we must understand that in most jurisdictions
globally, a limited liability company is the preferred type of
business setup as it distinguishes the identity of the company from
its shareholders. In UAE too the most favored form of business is
an LLC as protecting personal assets from litigation is paramount
for entrepreneurs. The Shareholders in a Limited Liability Company
are distinct from the Company and the company is a separate legal
person in the eyes of law.
