Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1628

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

English translation of the principle

Commercial companies—other than a silent partnership—have legal personality from their formation and are independent of the persons of their partners. - A partner signing a loan contract with the bank in his personal capacity, failure to pay the amounts under this contract when due, the bank impleading him in his personal capacity in an action in which judgment was rendered at first instance and on appeal ordering him to pay the amount, and his subsequently signing a debt settlement agreement with the creditor bank in his personal capacity, with the agreement making no mention of his capacity as a partner in the partner or of the company being a party thereto. Its implication. The effect of the agreement extends to its parties in their personal capacities. The judgment's contravention thereof. This vitiates it and requires its cassation.
Arabic original
الشركات التجارية - عدا شركة المحاصة- ثبوت الشخصية المعنوية لها منذ تكوينها واستقلالها عن أشخاص الشركاء فيها. - توقيع الشريك بصفته الشخصية مع البنك على عقد قرض وعدم أداء المبالغ محل هذا العقد في ميعاد استحقاقه واختصام البنك له بصفته الشخصية في دعوى صدر فيها الحكم ابتدائياً واستئنافياً بالزامه بأداء المبلغ ثم توقيعه اتفاقيه تسوية مديونية مع البنك الدائن بعد ذلك بصفته الشخصية وخلو الاتفاقية من صفته كشريك في الشريك وأن الشركة طرفاً فيها. مؤداه. انصراف أثر الاتفاقية إلى طرفيها بصفتهما الشخصية. مخالفة الحكم ذلك. يعيبه ويُوجب تمييزه.
Original Arabic judgment citations

(الطعن ٦٧٩/٢٠٠٢ تجاري جلسة ١٧/١٢/٢٠٠٣ مج القسم الخامس - المجلد الثامن ص ١٢٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 285. PDF pages: 285.

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