Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 326

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

English translation of the principle

Sale of a business. Condition for its conclusion. Recording it in an official instrument before a notary public. Failure to follow the entirety prescribed by law. Its effect. Absolute nullity of the sale. It may be invoked by any interested party, and the court may declare it of its own motion. Art. 36 of the Commercial Code.
Arabic original
بيع المتجر. شرط انعقاده. إفراغه في محرر رسمي لدى كاتب العدل. عدم اتباع الكل الذي رسمه القانون. أثره. بطلان البيع بطلاناً مطلقاً. جواز التمسك به من كل ذي مصلحة وللمحكمة أن تقضي به من تلقاء نفسها. م ٣٦ من قانون التجارة.
Original Arabic judgment citations

(الطعن ٢٤٨/٢٠٠٢ تجاري جلسة ١١/١٠/٢٠٠٣ مج القسم الخامس - المجلد الثالث ص ٦٧٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 67. PDF pages: 67.

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