Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2823

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

English translation of the principle

A loan is a commercial act regardless of the borrower’s capacity or the purpose for which the loan was allocated. - 523 - Obligation - The creditor bank granting banking facilities in the form of a loan to the debtor for use in his current account with the bank, secured by a third party’s suretyship. A commercial act. The suretyship therein is commercial. Its effect.
Arabic original
القرض عمل تجاري أياً كانت صفة المقترض أو الغرض الذي خصص له القرض. - ٥٢٣ - التزام - منح البنك الدائن تسهيلات مصرفية بشكل قرض للمدين لاستعماله في حسابه الجاري لدي البنك بكفالة طرف ثالث. عمل تجاري. الكفالة فيه تجارية. أثره.
Original Arabic judgment citations

(الطعن ٢٩٦/٢٠٠١ مدني جلسة ١١/٢/٢٠٠٢ مج القسم الخامس - المجلد الثامن ص ٦٦٠)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 523. PDF pages: 523–524.

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace