Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1607

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

English translation of the principle

The general rule in a fixed-term limited partnership is that a partner must remain in it until its term expires. His encountering circumstances requiring his withdrawal from the partnership. He must request termination of the partnership. Refusal by the remaining partners or the agreed majority. Recourse to the courts requesting his removal from the partnership is permissible. Condition thereof. Providing reasonable justifications, and his withdrawal must not be fraudulent or at an inappropriate time. Assessment thereof. A question of fact.
Arabic original
الأصل في شركة التوصية البسيطة المحددة المدة أن يلتزم الشريك بالبقاء فيها إلى أن تنتهي مدتها. تعرضه لظروف تستوجب انسحابه من الشركة. وجوب طلبه إنهاء الشركة. رفض باقي الشركاء ذلك أو الأغلبية المتفق عليها. جواز رجوع إلى القضاء بطلب إخراجه من الشركة. شرط ذلك. تقديم مبررات معقولة وألا يكون انسحابه عن غش أو في وقت غير مناسب. تقدير ذلك. موضوعي.
Original Arabic judgment citations

(الطعن ٤٨٦/٢٠٠١ تجاري جلسة ١٢/١٠/٢٠٠٢ مج القسم الخامس - المجلد الثامن ص ١١٦)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 282. PDF pages: 282.

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