Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1374

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

English translation of the principle

A limited liability company terminates and its assets are liquidated in accordance with the same rules and grounds prescribed for the termination and liquidation of joint-stock companies. - The trial court has authority to assess a request for dissolution of the company.
Arabic original
الشركة ذات المسئولية المحدودة تنقضي وتجري تصفية أموالها وفقاً لذات القواعد والأسباب المقررة لانقضاء شركات المساهمة وتصفيتها. - لمحكمة الموضوع سلطة تقدير طلب حل الشركة.
Original Arabic judgment citations

(الطعن ٥٤٩/١٩٩٩ تجاري جلسة ٢٢/٤/٢٠٠٠ مج القسم الرابع - المجلد الثاني ص ١٧١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 241. PDF pages: 241.

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