Kuwait Court of Cassation principle number 2770

The contract of a limited liability company. Official form is an essential element thereof, of a contract by which any partner transfers his share therein, and of the power of attorney issued to another person to execute it. Contravention thereof. Its effect. Absolute nullity of the contract. It may be invoked by any interested person, whether a contracting party or a third party, and the court may declare it of its own motion. The rationale therefor. - 474 - Commercial