Arabic source examples:

State of Kuwait · Statutory text

Article 160 of Bankruptcy Law

English translation

Actions brought on the basis of the two preceding Articles shall be time-barred upon the lapse of one year from the date of publication of the decision opening the proceedings. And the Bankruptcy Court may dismiss those actions if it finds that the debtor carried out the disposition in good faith and for the purpose of conducting his business, and that, when he did so, there were grounds for believing that the disposition could benefit his business.
Arabic original
تسقط الدعاوى التي ترفع تأسيساً على المادتين السابقتين، بمضي سنة من تاريخ نشر قرار افتتاح الإجراءات. والمحكمة الإفلاس أن تقضي برفض تلك الدعاوى، إذا تبين لها أن قيام المدين بالتصرف كان بحسن نية وبهدف ممارسة أعماله ، وأنه عند قيامه بذلك كانت هناك أسباب تؤدي إلى الاعتقاد بإمكانية تحقيق التصرف نفعاً لأعماله.

Ask about this article

Guidance based on this article and the Kuwait legal sources available on this platform, separate from the original text.

Continue your case in the legal workspace

Open legal workspace