Kuwait Court of Cassation principle number 1743

The decision of the Arbitration Panel for Deferred Share Transactions prohibiting the debtor from disposing of his assets and appointing the Institution for the Settlement of Company Share Transactions Concluded on a Deferred Basis as receiver over them. Its consequence. Divesting the debtor of the power to manage or dispose of his assets and withholding his right to litigate concerning them, but it does not constitute a diminution of his capacity. The judgment's departure therefrom. An error requiring its cassation. - 303 - Commercial