Kuwait Court of Cassation principle number 2610
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
A loan contract binds both parties and creates reciprocal obligations on the part of both lender and borrower, requiring the existence of 2 separate patrimonies. The combination of the capacities of lender and borrower in one person. This does not constitute a loan contract. Example of an unavailing ground of challenge. - Negotiated procurement, tender and auction contract:-
Arabic original
عقد القرض ملزم لجانبيه وينشىء التزامات متقابلة في جانب كل من المقرض والمقترض مما يقتضي وجود ذمتين ماليتين منفصلتين. اجتماع صفتي المقرض والمقترض في شخص واحد. لا يعد ذلك عقد قرض. مثال لنعي غير منتج. - عقد الممارسة والمناقصة والمزايدة:-Original Arabic judgment citations
(الطعن ١١٦٩/٢٠٠٤ تجاري جلسة ١٤/١١/٢٠٠٦ مج القسم الخامس - المجلد الثامن ص ٦٦٤)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 448. PDF pages: 448.
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