Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1493

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

English translation of the principle

A partner’s registered shares. When his ownership thereof is established and the manner of their transfer. The reason therefor. Protection of the company and third parties against multiple dispositions of the same share.
Arabic original
الأسهم الإسمية للشريك. متى تثبت ملكيتها له وكيفية التنازل عنها. علة ذلك. حماية الشركة والغير من تعدد التصرفات على السهم الواحد.
Original Arabic judgment citations

(الطعن ٣/٩٢ تجاري جلسة ١٠/٥/١٩٩٢ مج القسم الثالث - المجلد الثالث ص ٣٦)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 261. PDF pages: 261.

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