Kuwait Court of Cassation principle number 4066
State of Kuwait · Pleadings — Part Three · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
The decision of the Arbitration Tribunal for Forward Share Transactions prohibiting the debtor from disposing of his property. Its consequence. The debtor is divested of the power to administer or dispose of that property. This does not constitute a diminution of his legal capacity, but is tantamount to an attachment of his property and a restriction of his authority over it. - 710 - Civil Procedure - A judgment declaring bankruptcy. Its nature and effect upon dispositions made by the debtor after its issuance. Example
Arabic original
قرار هيئة تحكيم معاملات الأسهم بالأجل بمنع المدين من التصرف في أمواله. مقتضاه. غل يد المدين من إدارة هذه الأموال أو التصرف فيها ولا يعد ذلك نقصاً في أهليته بل هو بمثابة حجز على أمواله وتقييد من سلطته عليها. - ٧١٠ - المرافعات - الحكم بشهر الإفلاس. ماهيته وأثره على التصرفات التي يجريها المدين بعد صدوره. مثالOriginal Arabic judgment citations
(الطعن ٤٧٨/١٩٩٧ تجاري جلسة ٧/٦/١٩٩٨ مج القسم الرابع المجلد الرابع ص ٢٠)
Source: Court of Cassation legal principles collection — Pleadings — Part Three — Ministry of Justice — Court of Cassation — Technical Office. Printed page 710. PDF pages: 707–708.
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