Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4451

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

English translation of the principle

The bank managing indebtedness subject to Law 41 of 1993. The assets under its management. Their ownership passes to the State as private property. Its decisions concerning them. They are not administrative decisions. The reason for this and its implication. The arbitral tribunal has jurisdiction over them.
Arabic original
البنك المدير للمديونيات الخاضعة للقانون ٤١ لسنة ١٩٩٣. الأموال محل إدارته. انتقال ملكيتها للدولة ملكية خاصة. قرارته بشأنها. ليست قرارات ادارية. علة ذلك ومؤداه. اختصاص هيئة التحكيم بها.
Original Arabic judgment citations

(الطعنان ١٠٥، ١١٠/٩٧ تجاري جلسة ٣٠/٣/١٩٩٨ مج القسم الرابع - المجلد الثاني ص ٤٩٦)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 875.

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