Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3260

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 specified in Law 41/1993. Its effect. Its substitution for the creditor with respect to recovery of the assigned right against the debtor pursuant to the provisions governing assignment of rights and insofar as this does not conflict with the provisions of the aforementioned Law. The consequence thereof.
Arabic original
شراء الدولة لبعض المديونيات المنصوص عليها في القانون ٤١/١٩٩٣. 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 ١٥/٢٠٠٠ تجاري جلسة ١٤/٥/٢٠٠٦ مج القسم الخامس - المجلد السادس ص ٥٢٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 549. PDF pages: 549.

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