Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1433

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

English translation of the principle

Activities relating to the incorporation of companies and the sale or purchase of their shares and bonds. Commercial activities. Article 5, Commercial Law. - Persons obligated for a commercial debt. Jointly and severally liable for it. Article 97, Commercial Law. - 252 - Commercial - The obligation of the judgment debtors to pay costs jointly and severally. Its condition: that they be jointly and severally liable for the underlying obligation adjudicated. Article 119, Law of Procedure. Example.
Arabic original
الأعمال المتعلقة بتأسيس الشركات وبيع أو شراء أسهمها وسنداتها. أعمال تجارية. م٥ ق التجارة. - الملتزمون بدين تجاري. متضامنون فيه. م٩٧ ق التجارة. - ٢٥٢ - تجاري - التزام المحكوم عليهم بالتضامن بالمصروفات. شرطة: أن يكونوا متضامنين في أصل التزامهم المفضي به. م١١٩ مرافعات. مثال.
Original Arabic judgment citations

(الطعن ٣٩٣/٢٠٠٤ تجاري جلسة ٢٥/١٢/٢٠٠٤ مج القسم الخامس - المجلد الثامن ص ٧٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 252. PDF pages: 252–253.

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