Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2575

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

English translation of the principle

Assignment of a right. A contract between the assignor and another whereby the former assigns to the latter a right he holds against his debtor, and the assignment becomes effective against the debtor upon his acceptance of it or notification thereof. Neither the assignor nor the assignee may retract it. Example. - Brokerage contract:-
Arabic original
حوالة الحق. عقد بين المحيل وآخر بموجبه يحيل الأول حقا لًه في ذمة مدين له إلى الثاني وتنفذ الحوالة في حق المدين المحال عليه بقبوله لها أو إعلانه بها. لا يجوز لأي من المحيل والمحال إليه العدول عنها. مثال. - عقد السمسرة:-
Original Arabic judgment citations

(الطعن ٢٦١/٩٩ تجاري جلسة ٣٠/١٠/١٩٩٩ مج القسم الرابع - المجلد الخامس ص ٤٧١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 443. PDF pages: 443.

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