Kuwait Court of Cassation principle number 1741

The jurisdiction of the arbitration panel constituted pursuant to the provisions of Decree-Law 57/1982 and the circuits that replaced it is exceptional. The scope of this jurisdiction. Hearing claims arising from transactions relating to company shares concluded on deferred terms, to the exclusion of other disputes over which the ordinary courts have original jurisdiction. - The arbitration panel’s hearing of a share dispute within the limits of its jurisdiction, its issuance of a final judgment for payment of the value of the cheque relating thereto, and enforcement of that judgment. A subsequent action seeking restitution of the price paid for the shares. It is not considered a claim arising from the transactions over which it originally has jurisdiction. - The circuit constituted at the Court of First Instance to replace the arbitration panel. The limits of its jurisdiction.