Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1197

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

English translation of the principle

Awarding statutory interest from the due date of the commercial debt. Its confinement to where the subject matter of the monetary obligation is of a known amount when it arises. Its not being so. Its effect. Interest runs from the date of the final judgment. - The subject matter of an obligation of a known amount when it arises. Its meaning.
Arabic original
القضاءبالفوائدالقانونيةمنتاريخاستحقاقالدينالتجاري.قصرهعلىماإذاكانمحلالالتزامالنقدي معلوم المقدار وقت نشوئه. عدم كونه كذلك. أثره. سريان الفوائد من تاريخ الحكم النهائي. - محل الالتزام المعلوم المقدار وقت نشوئه. مقصوده.
Original Arabic judgment citations

(الطعنان ١٥٩، ١٦٠/٢٠٠٣ تجاري جلسة ٨/١٢/٢٠٠٣ مج القسم الخامس - المجلد الثالث ص ١٧٥)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 254. PDF pages: 254.

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