Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1188

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

English translation of the principle

Statutory interest. Compensation imposed by the legislature upon a debtor who delays performing an obligation to pay a sum of money. It accrues without the need to prove that the creditor has suffered damage.
Arabic original
الفوائد القانونية. تعويض فرضه المشرع على المدين عند تأخره في الوفاء بالالتزام بدفع مبلغ من النقود. سريانها دون حاجة لإثبات لحوق ضرر بالدائن.
Original Arabic judgment citations

(الطعن ٧٣١/٩٧ تجاري جلسة ٩/١١/١٩٩٨ مج القسم الرابع - المجلد الثاني ص ٣٧٥)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 253. PDF pages: 253.

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