Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1854

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

English translation of the principle

Clients subject to the provisions of Law 41 of 1993. The preventive composition against bankruptcy submitted by them to the Public Investment Authority must be presented to the division designated for that purpose at the Court of First Instance, as an exception to the procedures and provisions governing preventive composition against bankruptcy in the Commercial Code. The necessary consequence. The creditors must be joined before that court. The reason for this. - Court of Appeal. Its jurisdiction regarding an application for preventive composition against bankruptcy presented to it for the first time. Its limits.
Arabic original
العملاء الخاضعون لأحكام القانون ٤١ لسنة ١٩٩٣. وجوب عرض الصلُح الواقي من الإفلاس المقدم منهم للهيئة العامة للاستثمار على الدائرة المخصصة لذلك بالمحكمة الكلية استثناءً من إجراءات وأحكام الصلُح الواقي من الإفلاس الواردة في قانون التجارة. لازم ذلك. وجوب اختصام الدائنين أمام تلك المحكمة. علة ذلك. - محكمة الاستئناف. ولايتها بالنسبة لطلب الصلُح الواقي من الإفلاس المطروح عليها لأول مرة. حدودها.
Original Arabic judgment citations

(الطعن ١١/٢٠٠٢ تجاري جلسة ٢٤/١١/٢٠٠٢ مج القسم الخامس - المجد الثالث ص ٨٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 323. PDF pages: 323.

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