Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2421

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

English translation of the principle

The memorandum of association of a limited liability company, its amendment agreement, or an agreement transferring partners' shares therein. It must be written in an official instrument for the disposition to be constituted. Failure thereof. Its effect. Absolute nullity of the contract. The judgment's determination that the respondent is a partner in the company contrary to what is established in the memorandum of association recorded in an official instrument. A violation of the law and an error in its application requiring its cassation. - 417 - Commercial - Contract for the sale of a business:-
Arabic original
عقد تأسيس الشركة ذات المسئولية المحدودة أو عقد تعديلها أو عقد التنازل عن حصص الشركاء فيها. وجوب كتابته في محرر رسمي لانعقاد التصرف. تخلف ذلك. أثره. بطلان العقد بطلاناً مطلقاً. قضاء الحكم بإثبات أن المطعون ضده شريك في الشركة خلافاً للثابت بعقد التأسيس المثبت في محرر رسمي. مخالفة للقانون وخطأ في تطبيقه يُوجب تمييزه. - ٤١٧ - تجاري - عقد بيع المتجر:-
Original Arabic judgment citations

(الطعن ٥٦٩/٢٠٠٢ تجاري جلسة ٦/١٠/٢٠٠٣ مج القسم الخامس - المجلد الثامن ص ٥٧٨)

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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