Evolution of UAE Insolvency Law: Addressing Economic Dynamics and Prioritizing Rehabilitation
Need for Insolvency Law: In response to the swift economic growth and increased global business presence, the UAE identified the necessity to confront challenges faced by individuals in financial distress. Preceding the enactment of this law, instances such as bounced cheques and unmet financial obligations often triggered criminal prosecutions, posing formidable barriers for individuals seeking […]
