Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 641

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

English translation of the principle

Delay in performing a commercial obligation. Its subject is a sum of money of a known amount when the obligation arises. Its effect. The debtor’s obligation to pay the creditor statutory interest by way of compensation from the due date. - The subject of the obligation whose amount is known when the obligation arises. Its nature.
Arabic original
التأخر في الوفاء بالتزام تجاري. محله مبلغ من النقود معلوم المقدار وقت نشوء الالتزام. أثره. التزام المدين بأن يدفع للدائن فوائد قانونية على سبيل التعويض منذ تاريخ الاستحقاق. - محل الالتزام المعلوم المقدار وقت نشوء الالتزام. ماهيته.
Original Arabic judgment citations

(الطعن ٢٠/١٩٨٥ تجاري جلسة ١٣/١١/١٩٨٥ مج القسم الأول - المجلد الأول ص ٥٢٠)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 130. PDF pages: 130.

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