Kuwait Court of Cassation principle number 2143

Rendition of a judgment declaring bankruptcy. Its effect: divesting the bankrupt, from its date, of the administration of all his assets, whether or not related to his business. The reason: all his assets secure payment of his debts, and his patrimony is indivisible. This includes assets devolving upon him while he is in a state of bankruptcy, and he may not pursue actions relating to them except those confined to conservatory measures in which taking the initiative benefits his creditors and does not harm them. - Lodging a cassation challenge by the appellant after the judgment declaring his bankruptcy, rather than by the bankruptcy administrator. Its effect. Inadmissibility of the challenge. The reason for this. - Award of costs:-