Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4067

State of Kuwait · Pleadings — Part Three · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Issuance of a judgment declaring bankruptcy. Its effect. The bankrupt is divested, from its date, of the administration of all his assets, whether related to his trade or not. The reason for this. All his assets secure payment of his debts and his patrimony is indivisible. This includes assets devolving upon him while bankrupt, and he may not conduct actions relating to them except those confined to conservatory procedures in which taking the initiative benefits his creditors and does not harm them. - Lodging an appeal in cassation by the appellant after the judgment declaring his bankruptcy, rather than by the bankruptcy administrator. Its effect. Its inadmissibility. The reason for this. 7- Attachment of real property:-
Arabic original
صدور حكم شهر الإفلاس. أثره. غل يد المفلس من تاريخه عن إدارة جميع أمواله سواء كانت متعلقة بتجارته أم لا. علة ذلك. أن أمواله كلها ضامنة للوفاء بما عليه من ديون وذمته المالية لا تتجزأ. شمول ذلك للأموال التي تؤول إليه وهو في حالة الإفلاس ولا يجوز له مباشرة الدعاوي المتعلقة بها إلاّ ما يكون قاصراً على نطاق الإجراءات التحفظية التي تفيد المبادرة فيها دائنيه ولا تضرهم. - التقرير بالطعن بالتمييز من الطاعن بعد الحكم بشهر إفلاسه دون مدير التفليسة. أثره. عدم قبوله. علة ذلك. ٧- الحجز على العقار:-
Original Arabic judgment citations

(الطعن ٣٧٨/٢٠٠٠ تجاري جلسة ٢/٦/٢٠٠١ مج القسم الرابع المجلد الرابع ص ٢١)

Source: Court of Cassation legal principles collection — Pleadings — Part Three — Ministry of Justice — Court of Cassation — Technical Office. Printed page 711. PDF pages: 708.

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