Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1720

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

English translation of the principle

Transactions performed before the entry into force of Decree-Law No. 57 of 1982 concerning transactions relating to company shares concluded on deferred terms, whether through performance or extinction of the obligation by an equivalent to performance. They are not subject to its provisions. - 300 - Commercial
Arabic original
المعاملات التي نفذت قبل العمل بالمرسوم بقانون رقم ٥٧ لسنة ١٩٨٢ في شأن المعاملات المتعلقة بأسهم الشركات التي تمت بالأجل سواء عن طريق الوفاء أو انقضاء الالتزام بما يعادل الوفاء. عدم خضوعها لأحكامه. - ٣٠٠ - تجاري
Original Arabic judgment citations

(الطعن ٥٥/١٩٨٣ تجاري جلسة ٣٠/١١/١٩٨٣ مج القسم الأول - المجلد الأول ص ٢٦٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 300. PDF pages: 300.

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