Kuwait Court of Cassation principle number 2542
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
The suretyship contract. Its nature. - Statutory, joint and several, or commercial suretyship. The sureties therein are jointly and severally liable among themselves and with the debtor. - 436 - Commercial - Suretyship. The general rule is that the surety acts gratuitously, not as a speculator. A plurality of sureties in commercial suretyship. Its consequence. Their joint and several liability with the debtor. The creditor's claim against the debtor does not extinguish his right to claim against the surety. - The arbitration agreement:-
Arabic original
عقد الكفالة. ماهيته. - الكفالة القانونية أو التضامنية أو التجارية. يكون الكفلاء فيها متضامنين فيما بينهم ومع المدين. - ٤٣٦ - تجاري - الكفالة. الأصل فيها أن يكون الكفيل متبرعاً لا مضارباً. تعدد الكفلاء في الكفالة التجارية. مؤداه. تضامنهم مع المدين. مطالبة الدائن للمدين لا تسقط حقه في مطالبته الكفيل. - عقد التحكيم:-Original Arabic judgment citations
(الطعن ٥٠٧/٢٠٠٤ تجاري جلسة ١١/٣/٢٠٠٦ مج القسم الخامس - المجلد الثامن ص ٦٢٣)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 436. PDF pages: 436–437.
Ask the assistant about this principle
Guidance based on the principle and its source details, separate from the original collection text.
