Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1793

State of Kuwait · Civil Matters — Volume 11 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The general rule for obligations to pay a sum of money is that payment is made in Kuwaiti currency. The exception. Agreement to pay in a foreign currency. Payment must be made in that currency.
Arabic original
الأصل في الالتزامات بدفع مبلغ من النقود أن الوفاء بها يكون بالعملة الكويتية. الاستثناء. الاتفاق على الدفع بعملة أجنبية. وجوب الوفاء بهذه العملة.
Original Arabic judgment citations

(الطعن ٢٠٠/٩٢ تجاري جلسة ٢٦/٦/١٩٩٥ مج القسم الثالث - المجلد الأول ص ٧٠٨)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 344. PDF pages: 344.

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