Arabic source examples:

State of Kuwait · Statutory text

Article 209 of Companies Law

English translation

The company's contract may provide for a cumulative voting system for the election of members of the company's board of directors, which grants each shareholder voting power equal to the number of shares he owns, such that he is entitled to cast them for one candidate or distribute them among the candidates he chooses, without repeating these votes.
Arabic original
يجوز أن ينص عقد الشركة على نظام التصويت التراكمي بشأن انتخاب أعضاء مجلس إدارة الشركة، والذي يمنح كل مساهم قدرة تصويتية بعدد الأسهم التي يملكها، بحيث يحق له التصويت بها المرشح واحد أو توزيعها بين من يختارهم من المرشحين دون تكرار لهذه الأصوات.

Ask about this article

Guidance based on this article and the Kuwait legal sources available on this platform, separate from the original text.

Continue your case in the legal workspace

Open legal workspace