Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1865

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

English translation of the principle

Issuance of a judgment declaring bankruptcy. Its effect. Divesting the bankrupt, from its date, of the administration of all his property, whether related to his trade or not. The rationale therefor. All his property secures payment of his debts, and his patrimony is indivisible. This extends to property devolving upon him while he is bankrupt, and he may not conduct proceedings relating thereto except those confined to conservatory measures in which taking the initiative benefits his creditors and does not harm them. - Lodging an appeal in cassation by the appellant after the judgment declaring his bankruptcy, rather than by the bankruptcy administrator. Its effect. Its inadmissibility. The rationale therefor.
Arabic original
صدور حكم شهر الإفلاس. أثره. غل يد المفلس من تاريخه عن إدارة جميع أمواله سواء كانت متعلقة بتجارته أم لا. علة ذلك. أن أمواله كلها ضامنة للوفاء بما عليه من ديون وذمته المالية لا تتجزأ. شمول ذلك للأموال التي تؤول إليه وهو في حالة الإفلاس ولا يجوز له مباشرة الدعاوى المتعلقة بها إلا ما يكون قاصراً على نطاق الإجراءات التحفظية التي تفيد المبادرة فيها دائنيه ولا تضرهم. - التقرير بالطعن بالتمييز من الطاعن بعد الحكم بشهر إفلاسه دون مدير التفليسة. أثره. عدم قبوله. علة ذلك.
Original Arabic judgment citations

(الطعن ٣٧٨/٢٠٠٠ تجاري جلسة ٢/٦/٢٠٠١ مج القسم الرابع - المجلد الثاني ص ٣٣٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 325. PDF pages: 325.

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