Kuwait Court of Cassation principle number 2436
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
Documentary credit. Its nature. Its independence from the contract for which it was opened. The bank remains a stranger to that contract. Independence of the bank-beneficiary relationship from the relationship between the applicant for the credit and the beneficiary.
Arabic original
الاعتماد المستندي. ماهيته. استقلاله عن العقد الذي فتح بسببه. بقاء البنك أجنبياً عن هذا العقد. استقلال علاقة البنك المستفيد عن العلاقة بين الآمر بفتح الاعتماد والمستفيد.Original Arabic judgment citations
(الطعن ١٩٩/٩٤ تجاري جلسة ٢٤/١/١٩٩٥ مج القسم الثالث - المجلد الثالث ص ٣١٦)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 421. PDF pages: 421.
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