Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1213

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

English translation of the principle

The debtor's delay in performing a commercial obligation whose subject is a sum of money of a known amount when the obligation arises. His obligation to pay the creditor statutory interest of 7% as compensation for delay. Its becoming due - 256 - Obligation immediately upon the debt becoming due unless otherwise agreed. Articles 110, 113 of the Commercial Code.
Arabic original
تأخر المدين في الوفاء بالتزام تجاري محله مبلغ من النقود معلوم المقدار وقت نشوء الالتزام. التزامه بأن يدفع للدائن على سبيل التعويض عن التأخير فوائد قانونية قدرها ٧ ٪. استحقاقها - ٢٥٦ - التزام بمجرد استحقاق الدين ما لم يتفق على غير ذلك. المادتان ١١٠، ١١٣ من قانون التجارة.
Original Arabic judgment citations

(الطعنان ٤٥٣، ٤٦٠/٢٠٠٨ مدني جلسة ٨/٦/٢٠٠٩ مجلة القضاء والقانون - س ٣٧ ج ٢ ص ٤٣٤)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 256. PDF pages: 256–257.

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