Kuwait Court of Cassation principle number 3934

Transactions concerning company shares concluded on deferred terms. The arbitration panel has exclusive jurisdiction to determine disputes concerning them and the transactions resulting from them. The guarantor’s recourse against the debtor for what he paid on his behalf to his creditors. A claim resulting from these transactions, whether based on the guarantor’s personal action or an action by legal subrogation. The condition thereof. That they be registered. Ruling otherwise. A violation of the law and an error in its application.