Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1813

State of Kuwait · Pleadings — Part Two · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Shares and securities of joint-stock companies. Trading therein in violation of Law 32/1970 before Law 42/1984 came into force. Validation of such dealings. Its consequence is that actions brought for the nullity of such dealings are deemed terminated. The reason therefor.
Arabic original
الأسهم والأوراق المالية الخاصة بالشركات المساهمة. تداولها بالمخالفة للقانون ٣٢/١٩٧٠ قبل العمل بالقانون ٤٢/١٩٨٤. تصحيح هذا التعامل. مؤداه اعتبار الدعاوى المرفوعة ببطلان هذا التعامل منتهية. علة ذلك.
Original Arabic judgment citations

(الطعن ٧٢/١٩٨٠ تجاري جلسة ٢٥/٣/١٩٨٢ مج القسم الأول المجلد الثاني ص٧٥)

Source: Court of Cassation legal principles collection — Pleadings — Part Two — Ministry of Justice — Court of Cassation — Technical Office. Printed page 330. PDF pages: 327.

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