Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2733

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

English translation of the principle

Permissibility of agreeing on payment in foreign currency. The Amiri Order issued on 3/8/1990 does not entail repeal of what is prescribed under the second paragraph of Article 174 of the Civil Code.
Arabic original
جواز الاتفاق على الوفاء بالعملة الأجنبية. الأمر الأميري الصادر في ٣/٨/١٩٩٠ لا يتضمن إلغاء لما مقرر بموجب الفقرة الثانية من المادة ١٧٤ من القانون المدني.
Original Arabic judgment citations

(الطعن ٦٠/٩٦ عمالي جلسة ٢٣/٦/١٩٩٧ مج القسم الرابع - المجلد الخامس ص ٦٣٣)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 468. PDF pages: 468.

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