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May 23, 2016 - Jafza

may 23 , 2016 (c)remove the Company from Companies Register, as well as any other registersmaintained by the of a PLCThe liquidation of a PLC must be carried out in accordance with the Markets Laws and the law ofthe Dubai International Financial Centre relating to insolvency of Companies, as PENALTIES of penaltiesThe Registrar has the authority to impose a penalty on a Company who is in breach of the laws,including the Jafza Laws. The penalty may include:(a)termination of the License;(b)imposition of a fine; or(c)any other penalty determined by the Registrar may prescribe a schedule of fines for offenses. Where a fine is not prescribed foran offense the Registrar may determine the Ahmed Bin Sulayem Chairman of Ports, Customs & Free Zone Corporation Issued in Dubai on: 23/05/ 2016 48

Created Date: 5/24/2016 2:41:49 PM

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Transcription of May 23, 2016 - Jafza

1 may 23 , 2016 (c)remove the Company from Companies Register, as well as any other registersmaintained by the of a PLCThe liquidation of a PLC must be carried out in accordance with the Markets Laws and the law ofthe Dubai International Financial Centre relating to insolvency of Companies, as PENALTIES of penaltiesThe Registrar has the authority to impose a penalty on a Company who is in breach of the laws,including the Jafza Laws. The penalty may include:(a)termination of the License;(b)imposition of a fine; or(c)any other penalty determined by the Registrar may prescribe a schedule of fines for offenses. Where a fine is not prescribed foran offense the Registrar may determine the Ahmed Bin Sulayem Chairman of Ports, Customs & Free Zone Corporation Issued in Dubai on: 23/05/ 2016 48


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