Kuwait Court of Cassation principle number 1767

A debtor referred to the Transactions Settlement Institution. He must submit to it, within thirty days from publication of the decision referring him, a statement of the names of his creditors and debtors. The Institution shall submit a copy of this statement to the Arbitration Board together with a copy of its report on his financial position, and publish a statement thereof in the Official Gazette and at least two daily newspapers. - The Institution's effecting an amicable settlement between the referred person and his creditors. Mandatory, provided that it notifies the Arbitration Board thereof after completion for ratification. - The Institution's report on the financial position and the amicable settlement conducted on its basis and ratified. Official documents that may be challenged only by alleging forgery. - A settlement completed and ratified. Acquires binding authority against all. A judgment's disregard of that authority. Contradiction of what is established in the documents and an error in applying the law requiring its cassation.