Kuwait Court of Cassation principle number 3789

Referral of the debtor to the Institution for Settlement of Transactions Relating to Company Shares Concluded on Deferred Terms. Its effect. A creditor whose debt does not relate to these transactions has the right to obtain a judgment for his debt. Staying enforcement of this judgment until the debtor's matter is decided. Exceptions thereto. The Bankruptcy Court specified in Law 75/1983, its jurisdiction to determine disputed debts. Its condition. Referral of the debtor's matter to it and issuance of a judgment declaring his bankruptcy. This is not affected by the Institution's competence to verify debts and prepare a report on the debtor's financial position. The reason for this.