Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2148

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

English translation of the principle

The absence of one of the formal particulars in a bill of exchange. Its effect. Its loss of its character as a negotiable instrument and its conversion into an ordinary instrument. The implication thereof. The debt evidenced thereby is not subject to negotiable-instrument prescription. Articles 405, 406 of the Commerce Law.
Arabic original
تخلف أحد البيانات الشكلية في الكمبيالة. أثره. فقدانها لصفتها الصرفية وتحولها إلى سند عادي. مفاد ذلك. أن الدين الثابت بها لا يتقادم بالتقادم الصرفي. المادتان ٤٠٥، ٤٠٦ ق التجارة.
Original Arabic judgment citations

(الطعن ١٥٦٢/٢٠٠٧ تجاري جلسة ١٢/٦/٢٠٠٨ مجلة القضاء والقانون - س ٣٦ ج ٢ ص ٢٨٥)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 415. PDF pages: 415.

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