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UAE Initiative For Crypto Based...
In 2008, when Satoshi Nakamoto initiated the Bitcoin phenomenon, the names "Blockchain" and "Bitcoin" were foreign to the general public. Today, with one of the world's first cryptocurrency "cold storage" firms operating in Dubai, it is evident that the tides have moved, and the UAE crypto industry...
- By, Anuhyak
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How Can Consumer File a Complaint...
The Consumer Protection Federal Law No. 15 of 2020 repealed Federal Law No. 24 of 2006. The new law intends to protect all consumer rights, including the right to receive goods and services of a consistent quality, at the declared price. It also aims to protect the consumer's health and safety while...
- By, Sunil Ambalavelil
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Cryptocurrency License Regulations...
Cryptocurrency has paved a new way for the international trade and economy. As per the current scenario there are more than 200 crypto currencies. Binance and Kraken are one such examples of it. France has accepted of Binance as the Digital Asset Service Provider. Binance (BNB) has thus received...
- By, Shubhaly
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Promise Of Reward Under UAE Civil...
تعريف الوعد بالجائزة ( الجعالة): اولا : فقهيا الوعد بجائزة هو تصرف قانوني ينشأ بإرادة منفردة، وهي إرادة الواعد الذي يعلن للجمهور عن جائزة لمن يقوم بعمل معين ، ويعرف ايضا بأنه تخصيص أجر لشخص لن يتعين إلا بتنفيذ الأداء الذي حدده الواعد، كالإعلان عن جائزة لمن...
- By, Aladdin
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Procedure Of Corporate Restructuring...
The process of reorganizing a company's legal, proprietary, operational, or other structures for better commercial results is known as company restructuring. The grounds for a reorganization may be financial, technical, or organizational to reduce liabilities, improve financial performance, leverage...
- By, Sankalp Surana
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Financial Fraud by an Employee...
Financial fraud is a situation where a person has deprived you of your money through misappropriation or other illegal practices. Misappropriation is defined as the act of stealing something and using it for one’s own personal gain, usually money. The term misappropriation is also termed...
- By, Sankalp Surana
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UAE: Cryptocurrencies and virtual...
Trying to make sense of the upcoming cryptocurrency laws in the UAE? First of all, you’re not alone in your confusion. These laws are complicated, and the name Virtual Asset Regulatory Authority doesn’t exactly roll off the tongue easily. Here’s everything you need to know about VARA...
- By, Wilvia
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Decriminalisation Of Bounced Cheques...
The UAE government has formulated certain amendments to the commercial transactions law that decriminalizes bounced cheque cases, wherein the drawee will not have to undergo the inconvenience of first filing a Criminal Case against the drawer and then filing a Civil Case to avail the funds, from now...
- By, Nivedita
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Overstay fines in UAE
The word ‘overstay’ means staying in a nation for more than the prescribed period predefined on the visa. It is usually advised not to overstay your visa as it could attract hefty penalties and fines in the UAE. For UAE residents:Any person on a residence visa shall be fined 125 AED and...
- By, Tanish5555
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Medical Negligence- Criminal And...
BY: SANIA KAUSHIK (Legal Research Intern, The Law Reporters) According to a study undertaken by the John Hopkins Hospital, Medical Negligence is the third leading cause of death, trailing behind heart attacks and cancer. Ironically, patients go to a doctor because they trust their competence and professional...
- By, saniakaushik
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Carrying Dangerous Goods On Flight...
Thinking about flying to or from the UAE? This article covers, in brief, the dangerous goods which are prohibited on flights along with those substances that need prior consent. Since failure to adhere to the policy of the dangerous good may result in legal sanctions including fines and imprisonment,...
- By, devadharilina
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New visa rules in the UAE 2022
The new visa rules were announced on April 18, 2022, and will be active as of September this year. H. H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the law on entry and residence of Foreigners with the aim of strengthening the...
- By, Sunil Ambalavelil
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Abu Dhabi launches online payment...
The Abu Dhabi Judicial Department (ADJD) through its website has developed a new service for making safe deposits and paying judicial fines.Undersecretary of the Abu Dhabi Judicial Department, His Excellency Yousef Saeed Al Abri emphasized that this step was taken, to extend support for the digital...
- By, Sunil Ambalavelil
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Abu Dhabi bus regulations 2022
Violating Public transportation rules will lead you to be fined from Dh 100 to Dh 500. Chewing gum, smoking, or not presenting your bus card or ticket can result in a fine. Abu Dhabi’s transport authority – Integrated Transport Centre (ITC) raised awareness about the rules and etiquette...
- By, Sunil Ambalavelil
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How to avoid labour and visa fraud
Nowadays, when people are job-hunting on social media platforms and other online websites, it is necessary that they also understand the employment laws that are applicable in the country where they wish to work. By doing this, candidates can avoid falling victim to fraud and gain information about...
- By, Vansh Tayal
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What to do when Security Deposit...
BY: SANIA KAUSHIK (Legal Research Intern, The Law Reporters) The United Arab Emirates has a robust rental market, where tenants frequently hunt for better tenancy agreements when their leases expire. While Ejari contracts have made landlords’ and tenants’ lives easier, recovering the complete...
- By, saniakaushik
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