Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1206

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

English translation of the principle

Activities relating to insurance of all kinds. Commercial activities. The necessary consequence. The provisions of the Commercial Code apply to them - 255 - Obligation including entitlement to statutory interest as compensation for delay in performing a commercial obligation whose subject matter is a sum of money.
Arabic original
الأعمال المتعلقة بالتأمين بأنواعه. أعمال تجارية. لازم ذلك. سريان أحكام قانون التجارة عليها - ٢٥٥ - التزام ومنها استحقاق فوائد قانونية كتعويض عن التأخير في الوفاء بالالتزام التجاري الذي يكون محله مبلغاً من النقود.
Original Arabic judgment citations

(الطعن ٤٥٠/٢٠٠٥ تجاري جلسة ٢٤/٤/٢٠٠٧ مجلة القضاء والقانون - س ٣٥ ج ٢ ص ٨٠)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 255. PDF pages: 255–256.

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