Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 46

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

English translation of the principle

The memorandum of incorporation and articles of association of a joint-stock company must be drawn up in an official instrument. If the founders authorise others to conclude the company’s contract. It is necessary that these powers of attorney be embodied in official instruments. Official form is an essential element of the contract and the power of attorney. Its omission entails nullity. This relates to public policy. The consequences of this. There is no basis for relying on the provision of Article 186/2 of the Civil Code. The reason for this.
Arabic original
وجوب أن يحرر عقد تأسيس شركة المساهمة ونظامها الأساسي في ورقة رسمية. إذا وكل المؤسسون غيرهم في إبرام عقد الشركة. لازمه أن تفرغ هذه التوكيلات في محررات رسمية. الرسمية ركن في العقد والتوكيل. إغفالها يترتب عليه البطلان. تعلق ذلك بالنظام العام. ما يترتب عليه ذلك. لا وجه للمحاجة بنص المادة ١٨٦/٢ مدني. علة ذلك.
Original Arabic judgment citations

(الطعن ٤٧٢/١٩٩٩ إداري جلسة ٢٠/١١/٢٠٠٠ مج القسم الرابع المجلد السادس ص ٧٨٠)

Source: Court of Cassation legal principles collection — Pleadings — Part Three — Ministry of Justice — Court of Cassation — Technical Office. Printed page 12. PDF pages: 9.

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