Kuwait Court of Cassation principle number 3701

The preferential lien for amounts due to the Public Treasury in taxes, fees and other dues. Its ranking. Second in rank after the preferential lien for judicial expenses. - The preferential claim and the subject of the preferential lien. Reference in this regard is to the special provisions to determine what is subject to the preferential lien. Example: the legislature's conferral upon the debts of the Kuwait National Petroleum Corporation of the same protection prescribed for Public Treasury dues in terms of priority and pursuit. Article 21 of Decree-Law 6/1980. This special provision does not specify what is subject to the preferential lien. The implication thereof: the preferential lien attaches to all the debtor's property. The reason for this exception is safeguarding the public interest in collecting the Corporation's dues. - Debts arising from transactions in company shares conducted on deferred terms:-