Kuwait Court of Cassation principle number 3698

Issuance of a judgment declaring bankruptcy. Its effect. From its date, the bankrupt is divested of the power to manage all assets, whether related to the bankrupt's business or not. The reason therefor. All the bankrupt's assets secure payment of the debts owed, and the bankrupt's patrimony is indivisible. This extends to assets devolving upon the bankrupt while in bankruptcy, and the bankrupt may not conduct actions relating to them except those confined to conservatory measures that benefit creditors and do not harm them.