Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1442

State of Kuwait · Civil Matters — Volume 11 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The State’s purchase of certain debts in accordance with the controls prescribed in Law 41/1993, as amended. Its effect: transfer of those debts to the State with all their real and personal securities, and application of the provisions governing assignment of rights insofar as they do not conflict with the provisions of this Law. Its implication.
Arabic original
شراء الدولة لبعض المديونيات وفق الضوابط المنصوص عليها في القانون ٤١/١٩٩٣ المعدل. أثره: أن تنتقل تلك الديون إلى الدولة بجميع ضماناتها العينية والشخصية وسريان أحكام حوالة الحق بما لا يتعارض مع أحكام هذا القانون. مؤدي ذلك.
Original Arabic judgment citations

(الطعن ٣٤٨/١٩٩٨ تجاري جلسة ٢٠/٦/١٩٩٩ مج القسم الرابع - المجلد الرابع ص ٣٨٠)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 273. PDF pages: 273.

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