Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1605

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

English translation of the principle

Limited liability companies. The partners’ agreement in the memorandum of incorporation to appoint a manager without specifying a particular term. Its implication. He remains manager for the duration of the company’s existence. His removal by the partners. Its condition. Following the procedures necessary to amend the company contract and setting down this amendment in the company contract or the power of attorney issued in respect thereof in an official instrument; otherwise it is void and produces no effect. The reason for this. 3- Limited partnership:-
Arabic original
الشركات ذات المسئولية المحدودة. اتفاق الشركاء في عقد تأسيسها على تعيين مدير لها دون تحديد أمد معين. مؤداه. بقاؤه مديراً فترة بقائها. عزل الشركاء له. شرطه. اتباع الإجراءات اللازمة لتعديل عقد الشركة وإفراغ هذا التعديل في عقد الشركة أو الوكالة الصادرة بشأنه في محرر رسمي وإلا كان باطلاً غير منتج لأثره. علة ذلك. ٣- شركة التوصية البسيطة:-
Original Arabic judgment citations

(الطعنان ٤٥١، ٤٥٦/٢٠٠٦ تجاري جلسة ٣/٤/٢٠٠٧ مجلة القضاء والقانون - س ٣٥ ج ٢ ص ٢٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 281. PDF pages: 281.

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