Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3235

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

English translation of the principle

The State's purchase of certain debts in accordance with the controls prescribed in Law 41 of 1993, as amended. Its effect. Its substitution for the creditor in respect of recovery of the assigned right against the debtor pursuant to the provisions on assignment of rights and insofar as this does not conflict with the provisions of the aforementioned Law. The implication thereof.
Arabic original
شراء الدولة لبعض المديوونيات وفق الضوابط المنصوص عليها في القانون ٤١ لسنة ١٩٩٣ المعدل. أثره. حلولها محل الدائن في خصوص اقتضاء الحق المحال في مواجهة المدين طبقاً لأحكام حوالة الحق وبما لا يتعارض مع أحكام القانون المشار إليه. مؤدى ذلك.
Original Arabic judgment citations

(الطعن ٨١/١٩٩٨ تجاري جلسة ٢/١١/١٩٩٨ مج القسم الرابع - المجلد الرابع ص ٣٧٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 545. PDF pages: 545.

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