Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1427

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

English translation of the principle

Both the memorandum of association and the articles of association of a joint-stock company must be drawn up in an official instrument. Failure to observe this. Effect thereof. Nullity. Example. - A power of attorney must satisfy the form required for the legal transaction.
Arabic original
وجوب أن يحرر كل من عقد تأسيس الشركة المساهمة ونظامها الأساسي في ورقة رسمية. عدم مراعاة ذلك. أثره. البطلان. مثال. - وجوب أن تتوافر في الوكالة الشكل الواجب توافره في التصرف القانوني.
Original Arabic judgment citations

(الطعن ٥٩٠/٩٩ تجاري جلسة ٤/٦/٢٠٠٠ مج القسم الرابع - المجلد الخامس ص ١٠٥)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 251. PDF pages: 251.

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