Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1733

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

English translation of the principle

The exceptional circuit competent to declare bankruptcy, constituted under Law 75/1983. Its jurisdiction to adjudicate disputed debts. Its prerequisite. Referral of the claimant to it and issuance of a judgment declaring him bankrupt. The judgment concluding that this circuit has jurisdiction to hear a dispute without the Institution for Settlement of Forward Transactions in Company Shares having referred the debtor's matter to it and without its having issued a judgment declaring him bankrupt. A violation of the law.
Arabic original
الدائرة الإستثنائية المختصة بشهر الإفلاس المشكلة بقانون ٧٥/١٩٨٣ اختصاصها بالفصل في الديون المتنازع عليها. مناطه. إحالة المدعي إليها وصدور حكم بشهر إفلاسه. إنتهاء الحكم إلى اختصاص هذه الدائرة بنظر نزاع دون أن ترفع مؤسسة تسوية معاملات أسهم الشركات التي تمت بالأجل أمر بالمدين إليها ودون أن تصدر حكماً بشهر إفلاسه. مخالفة للقانون.
Original Arabic judgment citations

(الطعن ٥٤/١٩٨٧ تجاري جلسة ١٦/١١/١٩٨٧ مج القسم الثاني - المجلد الأول ص ٤٢٧)

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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