Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3908

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

English translation of the principle

A limited liability company. This nature must follow its name, with its capital stated in all its contracts, invoices, papers, and printed materials. Failure to do so. Its managers' joint and several liability in their - 722 - Obligation personal assets toward third parties. Third parties are barred from recourse against them unless the company's assets are insufficient or it is established that the third party sustained no damage. Example.
Arabic original
الشركة ذات المسئولية المحدودة. وجوب اتباع طبيعتها هذه باسمها مع بيان رأسمالها في جميع عقودها وفواتيرها وأوراقها ومطبوعاتها. تخلف ذلك. مسئولية مديريها بالتضامن في أموالهم - ٧٢٢ - التزام الخاصة تجاه الغير. امتناع رجوع الغير عليهم إلا إذا لم تكتف أموال الشركة أو ثبوت أن الغير لم يصبه ضرر. مثال.
Original Arabic judgment citations

(الطعن ٩٧/٩٥ تجاري جلسة ٣٠/٦/١٩٩٦ مج القسم الثالث - المجلد الثالث ص ٨٩٢)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 722. PDF pages: 722–723.

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