Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1486

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

English translation of the principle

A joint-stock company. Its right to sell a partner’s shares without being bound by compulsory execution procedures if he delays payment of the instalments.
Arabic original
الشركة المساهمة. حقها في بيع أسهم الشريك دون التقيد بإجراءات التنفيذ الجبري إذا تأخر عن سداد الأقساط.
Original Arabic judgment citations

(الطعن ٢٧/٨٥ تجاري جلسة ١٧/٧/١٩٨٥ مج القسم الخامس - المجلد الثامن ص ٢١٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 260. PDF pages: 260.

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