Kuwait Court of Cassation principle number 2344

The provisions and rules concerning collection of purchased debts. Their nature and purpose. Law 41 of 1993. - The bank acting on behalf of the State demanding the debt instalments from the debtor and taking enforcement measures against the debtor’s assets. The allegation that this constitutes abuse of a right on the ground that the country is undergoing an economic recession or that the doctrine of supervening circumstances applies. Untenable. The debtor’s request for time to pay pursuant to the discretion conferred on the judge by Article 410/2 of the Civil Code. Its incompatibility with the purposes and objectives stated in Law 41 of 1993. - 434 - Obligation