Kuwait Court of Cassation principle number 3702
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
Referral of the debtor to the Institution for the Settlement of Transactions Relating to Company Shares Concluded on Deferred Terms. Does not prevent his creditors from resorting to the ordinary courts to obtain judgments for debts unrelated to these transactions. Its effect. Limited to staying enforcement of these judgments, except judgments whose holders have mortgages or special preferential rights.
Arabic original
احالة المدين إلى مؤسسة تسوية المعاملات المتعلة بأسهم الشركات التي تمت بالأجل. غير مانعة لدائنيه من الإلتجاء إلى القضاء العادي للحصول على أحكام بديون في غير هذه المعاملات. أثرها. قاصر على وقف تنفيذ هذه الأحكام هدا الأحكام التي لأصحابها رهون أو حقوق امتياز خاصة.Original Arabic judgment citations
(الطعن ٨٥/١٩٨٦ عمالي جلسة ٢٠/١٠/١٩٨٦ مج القسم الثاني - المجلد الثاني ص ٩٤٢)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 626. PDF pages: 626.
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