Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4152

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

English translation of the principle

Compensatory or agreed interest. Its nature. - Default interest. Compensation for delay in payment of a commercial debt: its due date gives rise to harm merely upon its occurrence.
Arabic original
الفوائد التعويضية أو الاتفاقية . ماهيتها. - الفوائد التأخيرية. تعويض عن تأخير الوفاء بالدين التجاري: ميعاد استحقاقه موجب للضرر بمجرد حصوله.
Original Arabic judgment citations

(الطعن ٢٦٧/٢٠٠٤ تجاري جلسة ٥/٢/٢٠٠٥ مج القسم الخامس - المجلد الرابع ص ٤١٦)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 766. PDF pages: 766.

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