Kuwait Court of Cassation principle number 1420

Unlawful incorporation of a joint-stock company. Every interested person may, within five years of its incorporation, serve notice upon it to rectify the position. Failure to initiate rectification within one month. Its effect. The interested person may seek the nullity of the company and its liquidation as a de facto company. Its prerequisite. Unlawful incorporation of the company. Non-incorporation of the company. No scope for applying this.