Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1613

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

English translation of the principle

The right of partners in general and limited partnerships to seek expulsion of a partner whose conduct constitutes a justifiable ground for dissolution of the partnership. This provision does not apply to a joint-stock company except where a shareholder fails to pay the installments on their shares on their due dates after being served notice.
Arabic original
حق الشركاء في شركات التضامن والتوصية في طلب فصل الشريك الذي تعد تصرفاته سبباً مسوغاً لحل الشركة. عدم سريان هذا الحكم على شركة المساهمة إلا في حالة تأخر المساهم في سداد أقساط أسهمه في مواعيدها بعد إنذاره.
Original Arabic judgment citations

(الطعن ٢١٢/٨٩ تجاري جلسة ١٨/١٢/١٩٨٩ مج القسم الثاني - المجلد الثالث ص ٥٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 283. PDF pages: 283.

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