Article Title

The Creditors Guarantees in the One Person Limited Company: A Comparative Analytical Descriptive Study

Authors

Dr. Salim Salam Al-Fulaiti, Assistant Professor of Commercial and Marine Law Vice Dean for Academic Affairs and Community Service Al Zahra College for Women, Muscat, Sultanate of OmanFollow

Abstract

In this research we address the problem of balance between the powers of the owner of the capital of a single person limited liability company in managing the company and running its affairs and his limited liability according to the amount of his money he allocated to the company, and between the rights and guarantees of creditors towards this owner, in several laws for commercial companies such as Omani, Kuwaiti, Bahraini and Emirati law. , the Saudi system and the French trade law through an analytical and comparative approach. The comparative study between the laws of the countries of the Gulf Cooperation Council and the French trade law was useful in explaining the weaknesses contained in the Omani Companies Law in some of the issues that must be evaluated to further enhance the rights and guarantees of creditors. In order to achieve the goals of the legislature from the text on this type of companies, and for this we concluded this study with several findings and recommendations.

Recommended Citation

Al-Fulaiti, Dr. Salim Salam (2022) "The Creditors Guarantees in the One Person Limited Company: A Comparative Analytical Descriptive Study," مجلة جامعة الإمارات للبحوث القانونية UAEU LAW JOURNAL: Vol. 90: No. 90, Article 3.
Available at: https://digitalcommons.aaru.edu.jo/sharia_and_law/vol90/iss90/3