Kuwait Court of Cassation principle number 1938

The circuit constituted at the Court of First Instance pursuant to Decree-Law No. 42 of 1988 concerning the liquidation of situations arising from deferred share transactions. Has jurisdiction only over matters within the jurisdiction of the arbitration body, which is subject-matter jurisdiction relating to public policy. The import of this. The finality of judgments rendered therein attaches only to those it renders within the limits of that jurisdiction. Exceeding this scope. Its effect. Its judgment is appealable. - An action brought by a person subject to receivership demanding that the receiver submit a statement of account of his activities. Is not considered among claims arising from transactions concerning company shares concluded on a deferred basis. The reason for this. Bringing that action before the Public Indebtedness Circuit and the court of first instance undertaking its determination. The judgment rendered by it. May be appealed because it exceeded the limits of its exceptional jurisdiction. The challenged judgment's departure from this view and ruling that the appeal is impermissible. An error in applying the law requiring its cassation.