Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1328

State of Kuwait · Civil Matters — Volume 10 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Official form is an essential element of a contract assigning any share in limited liability companies or any amendment thereto. Noncompliance results in nullity.
Arabic original
الرسمية ركن في عقد التنازل عن أي حصة من حصص الشركات ذات المسئولية المحدودة أو أي تعديل فيه. مخالفة ذلك يرتب البطلان.
Original Arabic judgment citations

(الطعن ٨٢/٢٠٠٨ تجاري جلسة ٢٩/١٢/٢٠٠٩ مجلة القضاء والقانون - س ٣٧ ج ٣ ص ٢٨٠)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 275. PDF pages: 275.

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