Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3563

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

English translation of the principle

Both the memorandum of incorporation of a joint-stock company and its articles of association must be drawn up in an authentic instrument. Failure to observe this. Its effect: nullity. An example. - The agency must satisfy the formal requirements applicable to the legal disposition.
Arabic original
وجوب أن يحرر كل من عقد تأسيس شركة المساهمة ونظامها الأساسي في ورقة رسمية. عدم مراعاة ذلك. أثره: البطلان. مثال. - وجوب أن تتوافر في الوكالة الشكل الواجب توافره في التصرف القانوني.
Original Arabic judgment citations

(الطعن ٥٩٠/٩٩ تجاري جلسة ٤/٦/٢٠٠٠ مج القسم الرابع - المجلد السادس ص٧٧٨)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 699.

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