Kuwait Court of Cassation principle number 591

The Kuwait Stock Exchange. Its enjoyment of independent legal personality and its capacity to dispose of its funds. - The Kuwait Stock Exchange. Its powers and objectives. - Government supervision of the Exchange. Its manifestations. - The Exchange’s Disciplinary Committee. Its jurisdiction. Considering violations attributed to traders, brokers, or companies whose securities are traded on the Exchange, of the provisions of the Emiri Decree issued regulating the Exchange, or the regulations and decisions governing it, or violations affecting the proper conduct of work therein. Its right to impose disciplinary penalties. - Decisions issued by the Kuwait Stock Exchange Committee. Administrative decisions. They may be challenged before the Administrative Circuit of the Court of First Instance. - The elements and constituents of a public institution, including undertaking the administration of an economic public service having its public legal personality. Their presence in the Kuwait Stock Exchange. - 155 - Administrative Administrative decision review