Kuwait Court of Cassation principle number 2123

Transactions relating to company shares concluded on deferred terms. The arbitral tribunal has exclusive jurisdiction to determine disputes relating thereto and to transactions resulting therefrom. The guarantor's recourse against the debtor for what he paid to the debtor's creditors on his behalf. A claim arising from these transactions, whether based on the guarantor's personal action or an action in statutory subrogation. Condition therefor. That they be registered. Ruling otherwise is a violation of the law and an error in its application.