Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4121

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

English translation of the principle

A commercial obligation for a sum of money. When its subject matter is of a known amount at its inception, even if the debtor disputes its amount. - Statutory interest is compensation for delay in fulfilling an obligation to pay a sum of money. When it accrues. As soon as the debt falls due, without proof of damage or an agreement on such interest; the debtor is not exempted from it except by an agreement or custom so providing.
Arabic original
الالتزام التجاري بمبلغ من النقود . متى يكون محله معلوم المقدار وقت نشوئه ولو نازع المدين في مقداره. - الفوائد القانونية تعويض عن التأخير في الوفاء بالالتزام بدفع مبلغ من النقود. متى تسري. بمجرد استحقاق الدين دون إثبات لضرر أو اتفاق عليها ولا يعفى منها المدين إلا باتفاق أو عرف يقضي بذلك.
Original Arabic judgment citations

(الطعن ١٤١/٨٩ تجاري جلسة ٢٤/١٢/١٩٨٩ مج القسم الثاني - المجلد الثاني ص ٢٣٥)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 761. PDF pages: 761.

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