Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2883

State of Kuwait · Civil Matters — Volume 11 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Registered shares. When ownership thereof is established and how they are transferred. The reason for this. Protection of the company and third parties against multiple dispositions of a single share.
Arabic original
الأسهم الإسمية. متى تثبت ملكيتها وكيفية التنازل عنها. علة ذلك. حماية الشركة والغير من تعدد التصرفات على السهم الواحد.
Original Arabic judgment citations

(الطعن ٣/٩٢ تجاري جلسة ١٠/٥/١٩٩٢ مج القسم الثالث - المجلد الأول ص ٩٤٨)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 561.

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