Kuwait Court of Cassation principle number 2404

Limitation relating to negotiable instruments. It rests on a presumption of payment of the debt. - The presumption of payment of the debt underlying limitation relating to negotiable instruments. Incomplete evidence. Its reinforcement by a supplementary oath sworn by the debtor. Conflict between this presumption and the debtor’s defence. Its necessary implication. Inadmissibility of the plea that the obligation under the negotiable instrument has been extinguished by limitation. An example.