Kuwait Court of Cassation principle number 1581

The particulars that the papers of a limited liability company must bear. The sanction for their omission: joint and several liability of its manager in the manager’s private assets towards third parties. Recourse against the manager’s assets. Its condition. Insufficiency of the company’s assets. The judgment’s failure to ascertain the insufficiency of those assets vitiates it by an error in the application of the law and requires its cassation.