Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1851

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

English translation of the principle

Determining the existence or absence of a state of cessation of payments justifying a declaration of bankruptcy. A matter of fact. Its condition. That the court base its decision on cogent reasons grounded in the case papers and leading to the conclusion it reached. 7- Composition to avert bankruptcy:-
Arabic original
استخلاص حالة التوقف عن الدفع التي تبرر شهر الإفلاس أو نفيها. موضوعي. شرطه. أن تركن المحكمة في قضائها إلى أسباب سائغة لها أصلها بالأوراق وتؤدي إلى النتيجة التي انتهت إليها. ٧- الصلح الواقي من الإفلاس:-
Original Arabic judgment citations

(الطعنان ٢٧٣، ٢٧٩/٢٠٠٢ تجاري جلسة ٢٤/٣/٢٠٠٣ مج القسم الخامس - المجلد الثالث ص ٨١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 322. PDF pages: 322.

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