Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3332

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

English translation of the principle

Default interest. Compensation for the debtor’s delay in performing his obligation. It becomes payable as soon as the debt falls due, whether statutory or contractual. - A creditor’s claim for supplementary compensation in addition to default interest. Its condition. Proof of damage exceeding that interest, without proof of fraud or gross negligence on his part.
Arabic original
الفوائد التأخيرية. تعويض عن تأخر المدين في الوفاء بالتزامه. استحقاقها بمجرد استحقاق الدين سواء كانت قانونية أو اتفاقية. - مطالبة الدائن بتعويض تكميلي يضاف لفوائد التأخير. شرطه. إثبات الضرر الذي يجاوزها دون إثبات غش منه أو خطأ جسيم.
Original Arabic judgment citations

(الطعن ٢٢٩/١٩٨٦ تجاري جلسة ١٢/٧/١٩٨٧ مج القسم الثاني - المجلد الثالث ص ٣٩٣)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 562. PDF pages: 562.

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