Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2114

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

English translation of the principle

The management appointed over the bank by the Iraqi occupation authorities. Its representation of the bank is usurpatory and unlawful representation. The effect thereof. Its acts and procedures are nonexistent as against the bank as a legal person. Example concerning an Iraqi bank manager's endorsement on a demand for the value of a letter of guarantee and its effect on the bank's obligation to pay its value.
Arabic original
الإدارة المعينة على البنك من قبل سلطات الاحتلال العراقي. نيابتهاعن البنك نيابةغاصبة غير شرعية. أثر ذلك. إنعدام تصرفاتها وإجراءاتها في مواجهته كشخص معنوي. مثال بشأن تأشيرة مدير عراقي لبنك على مطالبة بقيمة خطاب ضمان وأثر ذلك على التزام البنك بدفع قيمته.
Original Arabic judgment citations

(الطعن ١٨٨/١٩٩٣ تجاري جلسة ١٥/٥/١٩٩٤ مج القسم الثالث - المجلد الثالث ص ١٠٩٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 368. PDF pages: 368.

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