Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1510

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

English translation of the principle

The chairman of the company's board of directors is its president and representative before third parties. His signature is equivalent to the signature of the board of directors in the company's relations with third parties. The company is bound towards third parties by the acts and dispositions undertaken by the chairman of the board of directors. Its condition. That they fall within its competence, are performed for its account, and do not conflict with its objects or the law.
Arabic original
رئيس مجلس إدارة الشركة هو رئيسها وممثلها لدى الغير. توقيعه كتوقيع مجلس الإدارة في علاقة الشركة بالغير. التزام الشركة أمام الغير بالأعمال والتصرفات التي يجريها رئيس مجلس الإدارة. شرطة. أن تكون داخله في اختصاصها وتمت لحسابها ولا تتعارض مع أغراضها أو القانون.
Original Arabic judgment citations

(الطعن ٣٣١/١٩٩٠ تجاري جلسة ١٥/٣/١٩٩٢ مج القسم الثالث - المجلد الثالث ص ٣٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 264. PDF pages: 264.

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