Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 810

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

English translation of the principle

A limited liability company ceasing payment of its debts. Its effect: its bankruptcy as a juridical person. Bankruptcy does not extend to its shareholders or partners. The reason therefor. - Bankruptcy rules. Matters of public policy.
Arabic original
توقف الشركة ذات المسئولية المحدودة عن ديونها. أثره: إفلاسها بوصفها شخصاً معنوياً. عدم امتداد الإفلاس إلى المساهمين أو الشركاء فيها. علة ذلك. - قواعد الإفلاس. من النظام العام.
Original Arabic judgment citations

(الطعن ٥٠٧/٢٠٠٤ تجاري جلسة ١١/٣/٢٠٠٦ مج القسم الخامس - المجلد الثاني ص ٦٣٧)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 176. PDF pages: 176.

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