Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 575

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

English translation of the principle

The cash deposit or bank guarantee lodged by the shipping agent. Its purpose. Securing enforcement of judgments rendered against carriers. The rule governing it applies from the entry into force of the Maritime Commerce Law.
Arabic original
الوديعة النقدية أو الكفالة المصرفية التي يودعها الوكيل الملاحي القصد منها. ضمان تنفيذ الأحكام التي تصدر على الناقلين. سريان حكمها من نفاذ قانون التجارة البحرية.
Original Arabic judgment citations

(الطعن ٩٧/١٩٨٦ تجاري جلسة ٢١/١/١٩٨٧ مج القسم الثاني - المجلد الثالث ص ٩٩٦)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 109. PDF pages: 109.

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