Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3232

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 has against his debtor, and the assignment becomes effective against the debtor and the assigned debtor upon his acceptance thereof or notification thereof to him. Neither the assignor nor the assignee may withdraw from it. An example. - 544 - Commercial
Arabic original
حوالة الحق. عقد بين المحيل وآخر بموجبه يحيل الأول حقا لًه في ذمة مدين له إلى الثاني وتنفذ الحوالة في حق المدين والمحال عليه بقبوله لها أو إعلانه بها. لا يجوز لأي من المحيل والمحال إليه العدول عنها. مثال. - ٥٤٤ - تجاري
Original Arabic judgment citations

(الطعن ٢٦١/١٩٩٩ تجاري جلسة ٣٠/١٠/١٩٩٩ مج القسم الرابع - المجلد الرابع ص ٣٧٥)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 544. PDF pages: 544.

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