Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3194

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

English translation of the principle

Granting housing welfare loans. The Credit and Savings Bank has the right to set conditions for the use of that loan. The borrower’s breach of those conditions by disposing of the real property. Its effect. That disposition is ineffective against the Bank unless the loan or its outstanding balance is repaid. Example.
Arabic original
منح قروض الرعاية السكنية. حق لبنك التسليف والادخار في وضع الشروط لاستعمال ذلك القرض. مخالفة المقترض لتلك الشروط بالتصرف في العقار. أثره. عدم سريان ذلك التصرف في مواجهة البنك ما لم يتم سداد القرض أو الباقي منه. مثال.
Original Arabic judgment citations

(الطعن ١٢٠٠/٢٠٠٦ تجاري جلسة ٢٨/٢/٢٠٠٨ مجلة القضاء والقانون - س ٣٦ ج ١ ص ٢٠٤)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 625.

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