Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1875

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. Divestment of the debtor of the power to manage and dispose of his assets, entailing his being barred from litigating concerning those assets, formation of the body of creditors, prohibition on their taking individual measures to enforce against the bankrupt’s assets, and the ineffectiveness, as against the body of creditors, of legal acts performed by the bankrupt. - The bankrupt’s divestment does not include actions concerning assets to which it does not extend, which include actions and dispositions relating to the bankrupt personally, those relating to assets in his possession managed on his behalf by others, conservatory measures he may take, and criminal actions. - Commission by the bankrupt of an act harmful to another, intentionally or negligently. Recourse against the bankruptcy estate for compensation. Its condition.
Arabic original
صدور حكم بشهر الإفلاس. أثره. غل يد المدين عن إدارة أمواله والتصرف فيها بما يستلزمه ذلك من منعه من التقاضي بشأن هذه الأموال ونشوء جماعة الدائنين وعدم جواز اتخاذهم إجراءات انفرادية للتنفيذ على أموال المفلس وعدم نفاذ الأعمال القانونية التي تصدر من المفلس في مواجهة جماعة الدائنين. - غل يد المفلس لا يشمل الدعاوى المتعلقة بالأموال التي لا يمتد إليها والتي تشمل الدعاوى والتصرفات المتعلقة بشخص المفلس وتلك المتعلقة بالأموال التي تحت يده ويديرها نيابة عنه الغيروما يجوز له القيام به من إجراءات تحفظية والدعاوى الجزائية. - وقوع فعل ضار من المفلس بالغير عن عمد أو إهمال. الرجوع على التفليسة بالتعويض. شرطه.
Original Arabic judgment citations

(الطعن ٤٩٠/٢٠٠٤ مدني جلسة ٢٨/٣/٢٠٠٥ مج القسم الخامس - المجلد الثالث ص ٩٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 327. PDF pages: 327.

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