Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2420

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

English translation of the principle

An authentic instrument is necessary for the formation of limited liability companies and for any partner’s assignment of his share therein. Failure to complete this. Its effect: nullity. - A void contract does not, of itself, produce any effect whatsoever. Example.
Arabic original
الرسمية لازمة لقيام الشركات ذات المسئولية المحددة ولتنازل أي من الشركاء عن حصته فيها. عدم تمام ذلك. أثره: البطلان. - العقد الباطل لا ينتج بذاته أثراً ما. مثال.
Original Arabic judgment citations

(الطعن ٣٢٨/٢٠٠٠ تجاري جلسة ١٩/٢/٢٠٠١ مج القسم الرابع - المجلد الخامس ص ٤٢٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 417. PDF pages: 417.

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