Kuwait: new companies law
A positive step has been recently taken by the Parliament of Kuwait to reflect the changes that have occurred over the past years concerning commerce and industry in the Gulf Cooperation Council (GCC) region and in various economies around the globe.
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It is debatable how useful post-termination restrictions are and to what extent they can really provide any protection.
Under the new Companies Law No 25 of 2012, there are several utilities available for stakeholders to hold certain individuals accountable for their actions.