Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3176

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

English translation of the principle

Banking transactions. Commercial acts. Article 5 of the Commercial Code. - Loan. When it is commercial. - Commercial debt. Those liable for it are jointly and severally liable unless the law or agreement provides otherwise.
Arabic original
معاملات البنوك . من الأعمال التجارية . م ٥ من قانون التجارة. - القرض. متى يكون تجارياً. - الدين التجاري. تضامن الملتزمين به فيه ما لم ينص القانون أو الاتفاق على غير ذلك.
Original Arabic judgment citations

(الطعن ٢٥٢/٢٠٠١ تجاري جلسة ٢٤/١١/٢٠٠١ مج القسم الرابع - المجلد الخامس ص ٨٤٦)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 620.

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