Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 335

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

English translation of the principle

Company shares and partners' interests are property of recognized value. Their assignment is a form of sale. It must be in an official instrument. - The partners' redemption of the interest sold. Its condition. - Sale of the car:-
Arabic original
أسهم الشركات وحصص الشركاء مال متقوم. التنازل عنها ضرب من ضروب البيع. وجوب أن يكون في محرر رسمي. - استرداد الشركاء الحصة المبيعة. شرطه. - بيع السيارة:-
Original Arabic judgment citations

(الطعن ١١٣/٨٩ تجاري جلسة ٥/٦/١٩٨٩ مج القسم الثاني - المجلد الأول ص ٧٧٥)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 69. PDF pages: 69.

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