Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1512

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 may bring a liability action against the chairman and members of the board of directors. The cases thereof. The limitation period for this action. Five years. Commencement of the calculation of this period.
Arabic original
للشركة المساهمة رفع دعوى المسئولية في مواجهة رئيس وأعضاء مجلس الإدارة. حالات ذلك. مدة تقادم هذه الدعوى. خمس سنوات. بدء حساب هذه المدة.
Original Arabic judgment citations

(الطعن ٦٠/٩٥ تجاري جلسة ٣٠/٦/١٩٩٦ مج القسم الثالث - المجلد الثالث ص ٤١)

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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