Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2872

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

English translation of the principle

A limited liability company. Its incorporation and the assignment of partners’ interests therein. Requirement of authentic form. Applicability of this rule to the final contract or preliminary agreement. Absence of authentic form. Its effect. Nullity.
Arabic original
الشركةذاتالمسؤوليةالمحدودة.تأسيسهاوالتنازلعنحصصالشركاءفيها.اشتراطالرسمية. سريان هذا الحكم على العقد النهائي أو الاتفاق المبدئي. تخلف الرسمية. أثره. البطلان.
Original Arabic judgment citations

(الطعن ٩١/٨٥ تجاري جلسة ١٥/١/١٩٨٦ مج القسم الثاني - المجلد الأول ص ٦٧٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 489. PDF pages: 489.

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