Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3128

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

English translation of the principle

Barter. Its nature. Exchanging shares for immovable property and agreeing to defer delivery of the property. Does not constitute a forward share transaction within the meaning of Law 57/1982. - 531 - Commercial
Arabic original
المقايضة. ماهيتها. مقايضة أسهم بعقار والاتفاق على تأجيل تسليم العقار. لا تعد معاملة أسهم بالأجل في حكم القانون ٥٧/١٩٨٢. - ٥٣١ - تجاري
Original Arabic judgment citations

(الطعن ٢٠/١٩٨٤ مدني جلسة ٢٩/١٠/١٩٨٤ مج القسم الأول - المجلد الثاني ص ٦٥٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 531. PDF pages: 531.

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