Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 453

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

English translation of the principle

The Executive Regulations of Law 41/1993 concerning the State's purchase of certain debts and the manner of their collection. Delegation to the Council of Ministers to issue them. Reason therefor. - 90 - Commercial - Prohibition on purchasing debts relating to documentary credits where their subject matter is goods delivered outside the State. Within the limits of the legislative delegation issued to the Council of Ministers and involves no departure from the provisions of Law 41/1993. Reason therefor.
Arabic original
اللائحة التنفيذية للقانون ٤١/١٩٩٣ بشأن شراء الدولة لبعض المديونيات وكيفية تحصيلها. تفويض مجلس الوزراء في إصدارها. علة ذلك. - ٩٠ - تجاري - منع شراء المديونيات التي تتعلق باعتمادات مستندية متى كان محلها بضاعة سلمت خارج الدولة. في حدود التفويض التشريعي الصادر لمجلس الوزراء وليس فيه خروج على أحكام القانون ٤١/١٩٩٣. علة ذلك.
Original Arabic judgment citations

(الطعن ١٩٣/١٩٩٦ تجاري جلسة ١٢/٥/١٩٩٧ مج القسم الرابع - المجلد الثاني ص ١٨٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 90. PDF pages: 90–91.

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