Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1551

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

English translation of the principle

Assignment of a partner's interest in a limited liability company. An authentic contract. Article 197 of Law 15/1960. Its nullity for absence of authentic form.
Arabic original
التنازل عن حصة الشريك في الشركة ذات المسئولية المحدودة. عقد رسمي م ١٩٧ ق ١٥/١٩٦٠ بطلانه لتخلف الرسمية.
Original Arabic judgment citations

(الطعن ١٦١/٨٤ تجاري جلسة ٢٢/١/١٩٨٦ مج القسم الثاني - 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 272. PDF pages: 272.

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