Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1923

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

English translation of the principle

The secured creditor has no right of pursuit in respect of an element of the business covered by the security if the debtor's disposition of that element preceded publication of the security. The transferee may invoke this against the secured creditor. The condition therefor. Example.
Arabic original
ليس للدائن المرتهن حق التتبع بالنسبة لأحد عناصر المحل التي ورد عليها الرهن إذا كان تصرف المدين في هذا العنصر سابقاً على إشهار الرهن. وللمتصرف إليه أن يتمسك بهذا في مواجهة الدائن المرتهن. شرط ذلك. مثال.
Original Arabic judgment citations

(الطعون ٥٩، ٦٤، ٦٥، ٧٢/١٩٩٥ تجاري جلسة ١٢/١٢/١٩٩٥ مج القسم الثالث - المجلد الثالث ص ٧٩٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 335. PDF pages: 335.

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