Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1338

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Joint-stock companies do not offer their shares to the public in a public subscription. The manner of their incorporation. They do not acquire legal personality or commence their business until after their registration in the Commercial Register and publication of their instrument of incorporation in the Official Gazette.
Arabic original
شركات المساهمة لا تطرح أسهمها للجمهور في اكتتاب عام. كيفية تأسيسها. عدم اكتسابها الشخصية المعنوية أو بدء عملها إلا بعد قيدها بالسجل التجاري ونشر محرر تأسيسها بالجريدة الرسمية.
Original Arabic judgment citations

(الطعن ٢٩/١٩٨٧ تجاري جلسة ٣/٦/١٩٨٧ مج القسم الثاني - المجلد الأول ص ٤٤٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 236. PDF pages: 236.

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace