Kuwait Court of Cassation principle number 2000

The manager of a limited partnership. Liable to the company for faults he commits in management, even if slight. His liability to the company is contractual and to third parties is tortious. The manager appointed in the memorandum of association. From among third parties. Application of the rules of agency to his relationship with the company and the partners. - The obligation of a remunerated agent and an unremunerated agent. Their nature. - The agent's obligation to submit a detailed statement of account encompassing the agency's business. Does not lapse unless the principal exempts him from it or the transaction or circumstances so require. - Proof of the circumstances requiring exemption from submitting a statement of account. Rests upon the agent. - 349 - Commercial