Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 736

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

English translation of the principle

Companies that have not acquired legal personality. The company liquidation regime does not apply to them. The establishment's joint and several liability therein for repayment of what subscribers paid and expenses.
Arabic original
الشركات التي لم تكتسب الشخصية المعنوية. لا يرد عليها نظام تصفية الشركات. مسؤولية المؤسسة فيها بالتضامن عن رد ما دفع من المكتتبين والمصروفات.
Original Arabic judgment citations

(الطعن ٢٩/٨٧ تجاري جلسة ٣/٦/١٩٨٧ مج القسم الثاني - المجلد الأول ص ٤٤٤)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 163. PDF pages: 163.

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