Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1330

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

English translation of the principle

Authentic form is an essential element in the conclusion of the incorporation contract of joint-stock companies, including those whose shares are not offered for public subscription. It must be present in the power of attorney issued to another to conclude those contracts. The basis for this.
Arabic original
الرسمية ركن في انعقاد عقد تأسيس الشركات المساهمة ومنها تلك التي لا تطرح أسهمها في اكتتاب عام. وجوب توافرها في التوكيل الصادر للغير لإبرام تلك العقود. أساس ذلك.
Original Arabic judgment citations

(الطعن ٣٤٥/٢٠١٠ تجاري جلسة ٢/٦/٢٠١١ مجلة القضاء والقانون - س ٣٩ ج ٢ ص ١٣٦)

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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