Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1329

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The absence from statutory provisions of a prohibition on current-account dealings between commercial persons other than banks. Its implication. The validity of account transactions between them. The debt arising from the account balance is subject to ordinary limitation. Legal persons
Arabic original
خلو نصوص القانون من تحريم التعامل في الحساب الجاري بين الأشخاص التجارية بخلاف البنوك. مفاده. صحة المعاملة الحسابية بينهم. خضوع الدين الناشىء عن رصيد الحساب للتقادم العادي. اشخاص اعتبارية
Original Arabic judgment citations

(الطعن ٧٣٧/٢٠٠١ تجاري جلسة ٢٦/٥/٢٠٠٢ مج القسم الخامس - المجلد الثاني ص ٦٣٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 234. PDF pages: 234.

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