Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1181

State of Kuwait · Civil Matters — Volume 10 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Statutory interest on a commercial debt is awarded from its due date if the subject matter of the monetary obligation - 251 - Obligation is of a known amount when it arises. Absence of this characteristic. Its effect. Interest runs from the date of the final judgment. Example.
Arabic original
القضاء بالفوائد القانونية في الدين التجاري يكون من تاريخ استحقاقه إذا كان محل الالتزام النقدي - ٢٥١ - التزام معلوم المقدار وقت نشوئه. تخلف هذه الصفة. أثره. سريان الفوائد من تاريخ الحكم النهائي. مثال.
Original Arabic judgment citations

(الطعن ٦/٩٥ تجاري جلسة ٧/١١/١٩٩٥ مج القسم الثالث - المجلد الأول ص ٦٥١)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 251. PDF pages: 251–252.

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