Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2634

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

English translation of the principle

A partner in a limited liability company disposing of his share by assignment. The effectiveness of this assignment against the company and third parties. Its condition. Fulfilment of the formal element therein. The reason. The assignment entails - 485 - Obligation amendment of the company's memorandum of association, which must be embodied in an authentic instrument and entered in the commercial register so that legal notice thereof is achieved. Contravention thereof. Its effect.
Arabic original
تصرف الشريك في الشركة ذات المسئولية المحدودة في حصته بالتنازل عنها. سريان أثر هذا التنازل في حق الشركة والغير. شرطه. توافر ركن الشكل فيه. علة ذلك. التنازل يترتب عليه - ٤٨٥ - التزام تعديل عقد تأسيس الشركة الذي يتعين إفراغه في محرر رسمي وقيده في السجل التجاري حتى يتحقق العلم به قانوناً. مخالفة ذلك. أثره.
Original Arabic judgment citations

(الطعن ٤٦٣/٢٠٠٣ تجاري جلسة ١٧/٤/٢٠٠٤ مج القسم الخامس - المجلد الثامن ص ٦٤٧)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 485. PDF pages: 485–486.

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace