Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1562

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

English translation of the principle

The liability of a partner in a limited liability company is determined by the amount of the contribution the partner makes to its capital, and its liability is within the limits of its capital as a legal person.
Arabic original
مسؤولية الشريك في الشركة ذات المسؤولية المحدودة تتحدد بمقدارما يقدمه من حصة في رأسمالها وتكون مسئوليتها في حدود رأسمالها بإعتبارها شخصاً معنوياً.
Original Arabic judgment citations

(الطعن ٣١٠/٨٨ تجاري جلسة ٢٦/١٢/١٩٨٨ مج القسم الثاني - المجلد الثالث ص ٤٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 273. PDF pages: 273.

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