Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2626

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

English translation of the principle

The requirement to draw up the memorandum of incorporation of joint-stock companies, their articles of association, and the power of attorney issued by the founders to third parties in an official instrument. Failure to do so. Its effect: absolute nullity. The official instrument. Authentication does not confer official status on the instrument. Example of a void contract.
Arabic original
وجوب تحرير عقد تأسيس الشركات المساهمة ونظامها الأساسي والتوكيل الصادر من المؤسسين للغير في ورقة رسمية. عدم تحقق ذلك. أثره: البطلان المطلق. المحرر الرسمي. التصديق لا يكسب المحرر صفة الرسمية. مثال لعقد باطل.
Original Arabic judgment citations

(الطعن ١٧٩/٩٩ تجاري جلسة ٧/٥/٢٠٠٠ مج القسم الرابع - المجلد الخامس ص٤٢١)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 484. PDF pages: 484.

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