Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3338

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

English translation of the principle

Statutory interest on a commercial debt is awarded from its due date if the amount of the monetary obligation was ascertainable when it arose. Absence of this characteristic. Effect thereof. Interest runs from the date of the final judgment. - The subject matter of the obligation being ascertainable in amount when it arose. Its meaning. - 562 - Commercial
Arabic original
القضاء بالفوائد القانونية في الدين التجاري يكون من تاريخ استحقاقه إذا كان محل الالتزام النقدي معلوم المقدار وقت نشوئه. تخلف هذه الصفة. أثره. سريان الفوائد من تاريخ الحكم النهائي. - محل الالتزام معلوم المقدار وقت نشوئه. ماهيته. - ٥٦٢ - تجاري
Original Arabic judgment citations

(الطعن ٢٨٠/١٩٨٧ تجاري جلسة ٥/١٢/١٩٨٨ مج القسم الثاني - المجلد الثالث ص ٣٩٦)

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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