Kuwait Court of Cassation principle number 1312

Customers subject to the provisions of Law 41 of 1993. The composition to avert bankruptcy submitted by them to the Public Investment Authority must be presented to the circuit designated for that purpose at the Court of First Instance, as an exception to the procedures and provisions governing compositions to avert bankruptcy set out in the Commercial Code. Necessary consequence thereof. Creditors must be joined as parties before that court. Reason therefor. - 624 - Procedure