Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 724

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

English translation of the principle

The drawer of a cheque and its endorsers are liable for its value to its holder. - The cheque holder has the right of recourse against the drawer and endorsers for its value. Bankruptcy of one of them when recourse is sought against them. The action must be stayed in respect of the bankrupt alone, and not the other remaining obligors. The judgment's staying the action in its entirety. An error in the application of the law requiring its cassation.
Arabic original
ساحب الشيك ومظهروه يلتزمون بقيمته في مواجهة حامله. - لحامل الشيك الحق في الرجوع على الساحب والمظهرين بقيمته. افلاس أحدهم عند الرجوع عليهم. وجوب وقف الدعوى بالنسبة للمفلس دون غيره من باقي الملتزمين. قضاء الحكم بوقف الدعوى برمتها. خطأ في تطبيق القانون يوجب تمييزه.
Original Arabic judgment citations

(الطعن ١٠٠/٨٦ تجاري جلسة ١١/٣/١٩٨٧ مج القسم الثاني - المجلد الأول ص ٦١٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 138. PDF pages: 138.

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