Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2246

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

English translation of the principle

The liability action brought by a joint-stock company against the chairman and members of the board of directors. Cases in which it is brought. The general assembly's discharge of the board of directors from liability. Does not preclude bringing it, even if the discharge occurred after the board of directors disclosed all the acts and dispositions it had undertaken.
Arabic original
دعوى المسؤولية التي تقيمها الشركة المساهمة قبل رئيس وأعضاء مجلس الإدارة. حالات رفعها. إبراء الجمعية العمومية لذمة مجلس الإدارة. لا يحول دون إقامتها حتى لو تم بعد كشف مجلس الإدارة عن جميع الأعمال والتصرفات التي قام بها.
Original Arabic judgment citations

(الطعن ٢٣٩/١٩٨٦ تجاري جلسة ٢١/٥/١٩٨٧ مج القسم الثاني المجلد الثاني ص٨٥٤)

Source: Court of Cassation legal principles collection — Pleadings — Part Two — Ministry of Justice — Court of Cassation — Technical Office. Printed page 417. PDF pages: 414.

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