Kuwait Court of Cassation principle number 3915

A joint-stock company. It may bring a liability action against the chairman and members of the board of directors in all cases in which direct damage is sustained by the company as a result of acts of fraud, abuse of authority, violation of the law or the company's articles, or fault in management. Reason thereof. It enjoys legal personality, like shareholders and third parties. - Inferring the elements of fraud from the facts of the action. Falls within the discretionary authority of the court of merits without review by the Court of Cassation. Its condition.