Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3337

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

English translation of the principle

Interest on a current account overdrawn on the part of both parties or on the part of one party arises only by agreement.
Arabic original
فوائد الحساب الجاري المكشوف لجهة الطرفين أو لجهة طرف واحد لا تكون إلا بالإتفاق.
Original Arabic judgment citations

(الطعن ٢٨١/١٩٨٧ تجاري جلسة ٢٠/١١/١٩٨٨ مج القسم الثاني - المجلد الثالث ص ٣٩٥)

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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