Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 109

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The arbitration tribunal for disputes concerning company shares transacted on deferred-payment terms. Its exclusive jurisdiction to determine these disputes and the claims arising from them, including those relating to rights evidenced by the payment instruments specific to those transactions. The plea that the right evidenced by these instruments relates to the aforementioned transactions. A plea concerning public policy.
Arabic original
هيئة التحكيم في منازعات أسهم الشركات التي تمت بالأجل. اختصاصها دون غيرها بولاية الفصل في هذه المنازعات وبالمطالبات التي ترتبت عليها ومنها المتعلقة بالحقوق الثابتة بوسائل الدفع الخاصة بتلك المعاملات. الدفع بتعلق الحق الثابت بهذه الصكوك بالمعاملات المذكورة. دفع يتعلق بالنظام العام.
Original Arabic judgment citations

(الطعن ٤٦/٨٧ تجاري جلسة ١٣/٧/١٩٨٧ مج القسم الثاني - المجلد الثالث ص ٩٢٣)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 29. PDF pages: 29.

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