Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1580

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

English translation of the principle

The memorandum of a limited liability company or any subsequent agreement modifying its effects. The requirement that it be embodied in an authentic instrument. Failure to do so. Its absolute nullity. An example of the nullity of an agreement amending the company's memorandum for lack of authentic form and failure to follow the legally prescribed procedures. - The criterion for characterising a contract and ascertaining its true purport is what the contracting parties intended.
Arabic original
عقد الشركة ذات المسئولية المحدودة أو أي اتفاق لاحق معدل آثاره. إستلزام إفراغه في محرر رسمي. تخلف ذلك. بطلانه بطلاناً مطلقاً. مثال لبطلان اتفاق تعديل عقد الشركة لتخلف الرسمية وعدم اتباع الإجراءات المقررة قانوناً. - المناط من تكييف العقد والتعرف على حقيقة مرماه بما عناه العاقدان.
Original Arabic judgment citations

(الطعن ١٠١/٩٥ تجاري جلسة ٧/١١/١٩٩٥ 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 276. PDF pages: 276.

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