Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3094

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

English translation of the principle

Shares registered pursuant to Decree-Law 57/1982. Liquidation of forward share transactions therein and in his favor, and valuation of the assets of those referred to him by reason of these transactions, and administration, liquidation, monitoring, and implementation of settlements and bankruptcies. Statutory representation after every settlement or composition preventing bankruptcy.
Arabic original
الأسهم التي سجلت وفقاً للمرسوم بق ٥٧/١٩٨٢. تصفية معاملات الأسهم بالأجل بها وله وتقييم مجودات المحالين إليه بسبب هذه المعاملات وإدارة وتصفية ومراقبة وتنفيذ التسويات والتفليسات نيابة قانونية بعد كل تسوية أو صلح واق من الإفلاس.
Original Arabic judgment citations

(الطعنان ١٢، ١٣/٢٠٠١ تجاري جلسة ٨/٤/٢٠٠٢ مج القسم الخامس - المجلد الرابع ص ٢٨٣)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 527. PDF pages: 527.

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