Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3811

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

English translation of the principle

The deposit or bank guarantee which the ship’s agent is required to lodge with a bank. Prescribed to secure enforcement of judgments rendered against the maritime carrier since the Maritime Commercial Law came into force. Registration of the agency is not required for this.
Arabic original
الوديعة أو الكفالة المصرفية التي يلتزم وكيل السفينة بإيداعها بأحد البنوك. مقررة لضمان تنفيذ الأحكام التي تصدر ضد الناقل البحري منذ نفاذ قانون التجارية البحرية. ولا يلزم لذلك أن تكون الوكالة مسجلة.
Original Arabic judgment citations

(الطعن ٢٥٠/٨٥ تجاري جلسة ٩/٧/١٩٨٦ مج القسم الثاني - المجلد الثالث ص١٠٤٦)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 747.

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