Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4520

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

English translation of the principle

The bank administering indebtedness subject to Law 41 of 1993. Its valuation and revaluation of assets pledged as security for indebtedness purchased by the State. The bases it observes in its valuation of shares and bonds. It may seek the assistance of experts.
Arabic original
البنك المدير للمديونيات الخاضعة للقانون ٤١ لسنة ١٩٩٣. تقييمه وإعادة تقييمه للأصول المرهونة ضماناً للمديونيات المشتراة من الدولة. الأسس التي يراعيها في تقييمه للأسهم والسندات. له الاستعانة بأهل الخبرة.
Original Arabic judgment citations

(الطعنان ١٠٥، ١١٠/٩٧ تجاري جلسة ٣٠/٣/١٩٩٨ مج القسم الرابع - المجلد الخامس ص ٦٨)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 890.

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace