Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1657

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

English translation of the principle

Cessation of payments justifying a declaration of the company's bankruptcy means what is not considered a cessation.
Arabic original
التوقف عن الدفع الذي يبرر شهر إفلاس الشركة المقصود به ما لا يعد توقفاً.
Original Arabic judgment citations

(الطعن ١٨٧/٩٠ تجاري جلسة ١/١٢/١٩٩١ مج القسم الثاني - المجلد الثالث ص ٥٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 290. PDF pages: 290.

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