Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2266

State of Kuwait · Pleadings — Part Two · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The legislature exempted from the provisions of the Commercial Law funds deposited by a non-Kuwaiti with banks or companies, or agreements concluded by him with them. The reason. Encouraging the banking and financial sector. The implication. Actions brought seeking the nullity of transactions for violating Article 23 of the Commercial Law are deemed terminated. - An action in subrogation:-
Arabic original
المشرع استثني من أحكام قانون التجارة ما يودعه غير الكويتي من أموال لدى البنوك أو الشركات أو ما يبرمه من اتفاقات معها. علة ذلك. تشجيع القطاع المصرفي والمالي. مؤدى ذلك. الدعاوى المقامة بطلب بطلان المعاملات لمخالفتها المادة ٢٣ من قانون التجارة تعتبر منتهية. - دعوى الحلول:-
Original Arabic judgment citations

(الطعن ٢/١٩٩٣ تجاري جلسة ٢٥/١٠/١٩٩٣ مج القسم الثالث المجلد الثاني ص٩٢٥)

Source: Court of Cassation legal principles collection — Pleadings — Part Two — Ministry of Justice — Court of Cassation — Technical Office. Printed page 421. PDF pages: 418.

Kuwait law articles mentioned in this principle

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