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.
Sakina Dickenwala
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
Associate DirectorJui 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
Senior 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.
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
Senior 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.
Shweta Deoram Keni
AML OfficerShweta Keni is a Legal Executive at MBG Corporate Services. Shweta Keni serves as a Legal Executive at MBG Corporate Services, holding a double Bachelor's degree in Corporate Laws and Financial Accounting & Auditing, along with a Master's degree in Financial Accounting & Auditing. She has completed the executive level of the Company Secretaries exam conducted by the Institute of Company Secretaries of India. Shweta's journey to MBG Corporate Services in 2023 was paved with significant experience garnered at the Big Four firms in India. In her role at MBG, she plays a crucial part in the Legal Services Advisory Team, specializing in AML/CFT and Economic Substantial Reporting.
Sajas C K
AML OfficerSajas CK is an AML/Compliance officer at MBG Corporate Services. He is an experienced and dedicated certified AML professional with over 2 years of experience in leading development, implementation and supporting governance and compliance framework. He has experience in implementing and managing AML/CFT compliance programs in most revenue-generating products of leading financial service providers. He is adept at navigating regulatory landscapes, mitigating risks, and ensuring adherence to industry standards. Sajas holds a Master’s degree in Commerce, is a certified ACAMS member with certification of CAMS and has completed trainings on AML/CFT certified by the Dubai KHDA. Sajas joined MBG Corporate Services in 2024 and is a part of the Legal Services Advisory Team. He works on corporate/client on-boarding, AML/Compliance review and audit.
Gabriela Bisanz
Senior ConsultantGabriela Bisanz is a Legal Consultant at MBG Corporate Services. She joined in 2024 as part of the Legal Services Advisory Team and is based at the Dubai office. Proficient in German and English for professional legal contexts, Gabriela is currently involved in handling corporate, commercial, and AML-related matters. Gabriela graduated with Bachelor of Laws in Germany and has recently completed her Master of Laws in International Commercial Law in the UAE, specializing in cross-border M&A. Equipped with extensive legal knowledge of both Common Law and Civil Law,international legal frameworks, she excels in navigating challenging client dynamics. Her experience in the German inheritance legal space has sharpened her negotiation skills, along with her work experience in Japan enabling her with exceptional cross-cultural competencies.