Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 327

State of Kuwait · Civil Matters — Volume 10 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The bankruptcy of companies of all types, except undisclosed partnerships, is generally subject to all the rules applicable to the bankruptcy of individual traders. However, the legislature has prescribed certain rules specifically for it to address the difficulties encountered in applying the rules governing the bankruptcy of an individual trader. The basis for this.
Arabic original
إفلاس الشركات على اختلاف أنواعها عدا شركات المحاصة يخضع بصفة عامة لجميع القواعد التي تسري على إفلاس التجار الأفراد غير أن المشرع اختصه ببعض القواعد لمعالجة الصعوبات التي تعترض تطبيق قواعد إفلاس التاجر الفرد. أساس ذلك.
Original Arabic judgment citations

(الطعن ١٢٢٤/٢٠٠٧ تجاري جلسة ٤/١٢/٢٠٠٨ مجلة القضاء والقانون س ٣٦ ج ٣ ص ٢٣٤)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 70. PDF pages: 70.

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