Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 684

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

English translation of the principle

Joint-stock companies that do not offer their shares for public subscription must be incorporated by an instrument issued by all the founders. Article 94 of the Companies Law. Example.
Arabic original
وجوب تأسيس الشركات المساهمة التي لا تطرح أسهمها في اكتتاب عام بمحرر صادر عن جميع المؤسسين. م ٩٤ ق الشركات. مثال.
Original Arabic judgment citations

(الطعن ٥٤٨/٢٠٠٣ تجاري جلسة ١٢/٦/٢٠٠٤ مج القسم الخامس - المجلد الثالث ص ١١٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 132. PDF pages: 132.

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