Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3449

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

English translation of the principle

Awarding statutory interest from the date the commercial debt becomes due. Limited to where the subject matter of the monetary obligation was of a known amount when it arose. If not: interest runs from the date of the final judgment.
Arabic original
القضاء بالفوائد القانونية من تاريخ استحقاق الدين التجاري. ا قتصاره على ما إذ كان محل الالتزام النقدي معلوم المقدار وقت نشوئه. إن لم يكن كذلك: سريان الفوائد من تاريخ الحكم النهائي.
Original Arabic judgment citations

(الطعن ٧٣١/٩٧ تجاري جلسة ٩/١١/١٩٩٨ مج القسم الرابع - المجلد الثاني ص ٣٧٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 583. PDF pages: 583.

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