Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1742

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

English translation of the principle

Company shares and partners’ interests are property of legally recognized value. Their assignment is a form of sale. - Partners’ redemption of the interest sold. Its condition.
Arabic original
أسهم الشركات وحصص الشركاء مال متقوم. التنازل عنها ضرب من ضروب البيع. - استرداد الشركاء الحصة المبيعة. شرطه.
Original Arabic judgment citations

(الطعن ١١٣/١٩٨٩ تجاري جلسة ٥/٦/١٩٨٩ مج القسم الثاني - المجلد الأول ص ٤٣١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 303. PDF pages: 303.

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