Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 599

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

English translation of the principle

Credit facilities granted for the purpose of financing money market and foreign sector operations. They do not fall within the purchased debts. Example. - Banking profession:-
Arabic original
التسهيلات الائتمانية التي منحت بغرض تمويل عمليات السوق النقدية والقطاع الأجنبي. لا تدخل ضمن المديونيات المشتراة. مثال. - مهنة مصرفية:-
Original Arabic judgment citations

(الطعن ١٧٢/١٩٩٩ تجاري جلسة ٢١/٢/٢٠٠٠ مج القسم الرابع - المجلد السادس ص ٧٠٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 112. PDF pages: 112.

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