Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2396

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

English translation of the principle

Rescission of the contract. Its effect. Restoration of the contracting parties to the position they occupied before contracting. The continuing contract is excepted from this. Dissolution is restricted to the future, not the past. The reason for this. An example concerning premiums under a life insurance contract.
Arabic original
فسخ العقد. أثره. إعادة المتعاقدين إلى الحالة التي كانا عليها قبل التعاقد. يستثنى من ذلك العقد المستمر. اقتصار الحل على المستقبل دون الماضي. علة ذلك. مثال بشأن أقساط عقد التأمين على الحياة.
Original Arabic judgment citations

(الطعن ٢١٣/٩٥ تجاري جلسة ٢٤/١١/١٩٩٦ مج القسم الثالث - المجلد الثالث ص ٢٦٥)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 413. PDF pages: 413.

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