Kuwait Court of Cassation principle number 1676

Grounds for termination of a joint-stock company and the rules for their application. Their application to a limited liability company. A partner's right to seek judicial dissolution of the company. Its justifications. This right pertains to public policy. The effect thereof. It may not be suspended or disabled by a contractual provision. A partner who fails to perform his obligations or a partner at fault. May not seek dissolution of the company. The reason therefor. The manner of liquidating the company. - The company's retention of its legal personality during the liquidation period. The effect thereof. Permissibility of suing the liquidator for performance of its obligations towards its creditors.