Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1579

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

English translation of the principle

Exchange companies. The nature of their business. - Speculation and investment of funds for the account of third parties. Limited liability companies are prohibited from undertaking them, and they are confined to shareholding companies. - 275 - Commercial
Arabic original
شركات الصرافة. طبيعة عملها. - أعمال المضاربة واستثمار الأموال لحساب الغير. حظر قيام الشركات ذات المسئولية المحدودة بها وقصرها على الشركات المساهمة. - ٢٧٥ - تجاري
Original Arabic judgment citations

(الطعن ٢١٤/٩٤ تجاري جلسة ٣/١/١٩٩٥ مج القسم الثالث - 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 275. PDF pages: 275.

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