Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3194

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

English translation of the principle

Multiple sureties for a single debt governed by Law 41 of 1993, as amended, concerning the State's purchase of certain debts and the manner of their collection, and its amendments. Its effect. Apportionment of the debt shortfall among them; a surety is not deemed liable for the entire debt or a surety for the remaining fellow sureties, and the shortfall is distributed equally among them after recourse against the debtor. The condition thereof. The absence of an agreement predating the State's purchase of the debt providing otherwise.
Arabic original
تعدد الكفلاء لدين واحد يخضع لأحكام القانون ٤١ لسنة ١٩٩٣ المعدل في شأن شراء الدولة لبعض المديونيات وكيفية تحصيلها وتعديلاته. أثره. توزيع قيمة العجز في المديونية عليهم ولا يعتبر الكفيل مسئولاً عن الدين كله أو كفيلاً لبقية زملائه ويوزع العجز بينهم بالسوية بعد الرجوع على المدين. شرط ذلك. عدم وجود اتفاق سابق على تاريخ شراء الدولة للمديونية يقضي على خلافه.
Original Arabic judgment citations

(الطعن ٣٤١/٢٠٠١ تجاري جلسة ٧/١٢/٢٠٠٥ مج القسم الخامس - المجلد التاسع ص ٦٣٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 540. PDF pages: 540.

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