Kuwait Court of Cassation principle number 1727

A judgment declaring bankruptcy. Its effect. The bankrupt is divested of the management and disposition of his assets from the date of the judgment. He remains the owner of his assets and retains his legal capacity. The implication: his dispositions after issuance of the bankruptcy judgment are not void but are valid and effective between their parties. Neither party may rely on that judgment itself to escape the obligations they impose. Such dispositions are ineffective against the body of creditors, and their trustee may request this. - The right to take up the merits:-