Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1565

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

English translation of the principle

The particulars that the documents of a limited liability company must bear. Their purpose. Contravention thereof. Its effect. Establishment of the joint and several liability of its managers out of their personal assets towards third parties. The condition for establishment of this liability. That damage has befallen third parties as a result of the contravention and that the company's own assets are insufficient. Example.
Arabic original
البيانات التي يجب أن تحملها أوراق الشركة ذات المسؤولية المحدودة القصد منها. مخالفة ذلك. أثره. قيام مسؤولية مديريها بالتضامن في أموالهم الخاصة تجاه الغير. شرط قيام هذه المسؤولية. أن يكون الضرر قد حاق بالغير من جراء المخالفة وألا تكفي أموال الشركة ذاتها. مثال.
Original Arabic judgment citations

(الطعن ٧٤/٨١ تجاري جلسة ٥/٧/١٩٨٩ 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 274. PDF pages: 274.

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