Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1884

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

English translation of the principle

The possessor of mortgaged real property. His payment of the secured debt or part thereof to the mortgage creditor. Its effect. His subrogation to that creditor in all his rights against the debtor to the extent of that payment. Such subrogation includes the mortgage over the possessor’s own real property, so that he may validly be mortgagee of his own property. - Mortgage creditors and holders of judicial security rights and real-property preferential rights. Their exemption from the rule prohibiting individual actions and proceedings after the debtor is adjudicated bankrupt. The basis thereof. The security they hold that protects their rights against the risk of bankruptcy and entitles them to execute against the debtor’s assets whether before or after the judgment adjudicating him bankrupt. 9- Impermissibility of adjudicating a merchant bankrupt more than once:-
Arabic original
حائز العقار المرهون. سداده الدين المضمون أو جزءاً منه للدائن المرتهن. أثره. حلوله محل هذا الدائن في كافة حقوقه قبل المدين بمقدار هذا السداد. شمول ذلك الحلول للرهن الوارد على عقار الحائز ذاته فيصح مرتهناً لملكه. - الدائنون المرتهنون وأصحاب حقوق الاختصاص وحقوق الامتياز العقارية. استثناؤهم من قاعدة المنع من مباشرة الدعاوى والإجراءات الانفرادية بعد شهر إفلاس المدين. أساس ذلك. مالهم من تأمينات تضمن حقوقهم من خطر الإفلاس وتخولهم التنفيذ على أموال المدين سواء قبل الحكم بشهر إفلاسه أم بعده. ٩- عدم جواز الحكُم بشهر إفلاس التاجر أكثر من مرة:-
Original Arabic judgment citations

(الطعن ٥٥٢/٢٠١٠ تجاري جلسة ٦/١٢/٢٠١١ مجلة القضاء والقانون لسنة ٣٩ ج ٣ ص ١٤٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 329. PDF pages: 329.

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