Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1564

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

English translation of the principle

A partner in a limited liability company may transfer their interest to another partner. Its effectiveness against the partners without the need for their consent. The condition thereof. - 273 - Commercial
Arabic original
جواز تنازل الشريك في الشركة ذات المسؤولية المحدودة عن حصته لشريك آخر. نفاذه قبل الشركاء دون حاجة لموافقتهم. شرط ذلك. - ٢٧٣ - تجاري
Original Arabic judgment citations

(الطعن ١١٣/٨٩ تجاري جلسة ٢٥/٦/١٩٨٩ 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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