Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2736

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

English translation of the principle

The general rule is that, in an obligation to pay a sum of money, payment is made in Kuwaiti currency unless payment in a foreign currency has been agreed upon.
Arabic original
الأصل أنه في الالتزام بدفع مبلغ من النقود يكون الوفاء بالعملة الكويتية ما لم يكن قد اتفق على الوفاء بعملة أجنبية.
Original Arabic judgment citations

(الطعنان ١٤٣، ١٤٩/٩٨ تجاري جلسة ٩/١١/١٩٩٨ مج القسم الرابع - المجلد الخامس ص ٦٣٥)

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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