Enhanced Penalties for violations under the Corporate Commercial Law
Cabinet Decision No. 102/2022 on the issuance of the Regulation on the Administrative Penalties for Acts committed in violation of the provisions of the Federal Decree Law No. 32 of 2021 on Commercial Companies
The provisions of this decision shall apply to commercial companies that are established in UAE, foreign companies and branches of foreign companies, and to the representative offices and investment funds. Companies that are exempted by the provisions of the Law include professional civil, foreign companies and companies operating in the Free Zones.
Mayur Batra
Founder and Executive ChairmanMr. Mayur Batra has over two decades of experience in advising multinationals and Indian business enterprises on a spectrum of matters relating to Foreign Investment policy, cross-border transactions, tax controversy, Foreign Exchange Control Regulations and Corporate Laws and Business re- structuring. He has expertise in the area of International tax policy, contentious cross-border tax treaty issues in overseas territories. He has been actively involved in obtaining various statutory and regulatory approvals, licenses, clearances etc., from statutory agencies. With his long experience he brings expertise of converting complex business transactions into viable profitable propositions. He has played an instrumental role in expanding the firm’s practice over diverse service verticals in the UAE region including its empanelment as an ICV certifying agency by ADNOC. Prior to setting up MBG, Mr. Batra has served as the Chief Financial Officer at the corporate office of one of the largest Japanese Trading houses.
Piyush Pandey
Senior PartnerPiyush Pandey is a Law Graduate and a Fellow Member of the Institute of Company Secretaries of India. He has 20+ years of experience in dealing with the matters pertaining to General Corporate Advisory and Commercial Contracts, Foreign Investment, Capital Market, Due Diligence, Merger & Amalgamation, Financial Restructuring and Debt /Loan Syndication. Piyush specializes in all aspects of foreign investments into UAE and India and advises various foreign investors /joint ventures from their inception to occasions when ventures have to be restructured or liquidated.
Sakina Dickenwala
Associate PartnerSakina Dickenwala is a Law and Commerce Graduate and a member of Institute of Company Secretaries of India. She has 8+ years of professional experience Middle-East in advising clients in the field of Corporate and Commercial Laws, Employment & Labour Laws, Real Estate Laws, business restructuring, commercial agency and distributorship, employment matters, designing Corporate Governance Manual, developing ethics and compliance regulatory framework, defining roles and working of various committees like Audit Committee, Board of Directors Committee and others.
Jui Dongare
Legal ManagerJui Dongare has excellent experience with corporate matters. She is a Law Graduate and has a Masters in Oil and Gas Law from the UK. Jui has strong experience in drafting contracts, agreements, consultancy, criminal law cases, restructuring of many companies facing imminent bankruptcy and negotiation.
Abhishek Iyer
Legal ManagerAbhishek is a qualified lawyer and has worked in the corporate, commercial and transactional practices in leading law firms and has advised several companies on corporate, regulatory, transactional and employment related matters.
Kranthideep Burra
Legal AssistantKranthideep is a Law graduate. He is a qualified practicing Advocate, registered with the Bar Council of India in 2014, and has experience in litigation. At MBG he is working as an AML analyst and is also responsible for KYC reviewing and reporting suspicious transactions
Aebel Stanly Behnan
AML OfficerAebel is the AML Officer at MBG Corporate Services. He is an Associate Chartered Certified Accountant from ACCA, United Kingdom, and holds a Bachelors of Commerce (B.com) degree.
As part of the Legal Services Advisory team, Aebel works on AML/CFT and ESR matters. He has over three years of professional experience in a diverse range of financial domains, including anti-money laundering, statutory audit, accounting, economic substance regulations and value added tax.
Wendy Yang
Legal ConsultantWendy Yang is a Legal Consultant at MBG Corporate Services, Dubai. She provides consulting and advisory services to many Chinese enterprises in the UAE. She is a qualified practicing Advocate, registered with the Bar Council of Beijing and holds a Chinese Lawyer License. Since 2018, Wendy has worked with reputed law firms in China, and has specialized in Dispute Resolution, Civil and Commercial Laws, helped businesses expand into the China market. She has worked extensively in varied domains of Anti--Money Laundering Laws and provides advisory services around registration of IP rights in the UAE.