Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1869

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

English translation of the principle

The debtor’s bankruptcy and the creditor’s failure to lodge the debt in the bankruptcy proceedings. Its effect. Forfeiture of the creditor’s right of recourse against the guarantor to the extent of what the creditor would have recovered had the debt been lodged therein.
Arabic original
إفلاس المدين وعدم تقدم الدائن بالدين في التفليسة. أثره. سقوط حقه في الرجوع على الكفيل بقدر ما كان يستوفيه لو أنه تقدم بدينه فيها.
Original Arabic judgment citations

(الطعن ٣٣٠/٢٠٠٣ تجاري جلسة ٢٨/٤/٢٠٠٤ مج القسم الخامس - المجلد الثالث ص ٩٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 326. PDF pages: 326.

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