Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1731

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

English translation of the principle

The arbitration panel for disputes concerning company shares transacted on a forward basis has exclusive jurisdiction to adjudicate these disputes and the claims arising therefrom, including those relating to rights established by the means of payment specific to those transactions. The plea that the right established by these instruments relates to the aforementioned transactions. A plea concerning public order.
Arabic original
هيئة التحكيم في منازعات أسهم الشركات التي تمت بالأجل اختصاصها دون غيرهها 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 ٤٦/١٩٨٧ تجاري جلسة ١٣/٧/١٩٨٧ مج القسم الثاني - المجلد الأول ص ٤٢٦)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 302. PDF pages: 302.

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