Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1436

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

English translation of the principle

The prerequisite for the existence of a company. The existence of an intention to participate in an activity involving risk, with each partner sharing in profit and loss. Ascertainment of this intention is a question of fact within the exclusive authority of the trial judge.
Arabic original
مناط قيام الشركة. توافر نية المشاركة في نشاط ذي تبعة أن يساهم كل شريك في الربح والخسارة. تعرف هذه النية واقع يستقل به قاضي الموضوع.
Original Arabic judgment citations

(الطعن ١٨٥/٨٦ تجاري جلسة ٢٥/٣/١٩٨٧ مج القسم الثاني - المجلد الثالث ص ٣٤)

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

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