Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3454

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 due date of the commercial debt. Confined to cases where the subject matter of the monetary obligation was of a known amount at its inception; otherwise, interest accrues from the date of the final judgment. - An obligation of a known amount at its inception. Its nature. One whose amount is determined on fixed, agreed criteria over which the judiciary has no power of assessment, even if the debtor disputes its amount. The judgment's contravention of this view. A violation of the law. Requiring its cassation.
Arabic original
القضاء بالفوائد القانونية من تاريخ استحقاق الدين التجاري. قصره على ما إذا كان محل الالتزام النقدي معلوم المقدار وقت نشوئه وإلاّ سرت الفوائد من تاريخ الحكم النهائي. - الالتزام المعلوم المقدار وقت نشوئه. ماهيته. ما كان تحديد مقداره قائماً على أسس ثابتة متفق عليها ليس للقضاء سلطة في تقديره ولو نازع المدين في مقداره. مخالفة الحكم هذا النظر. مخالفة للقانون. تُوجب تمييزه.
Original Arabic judgment citations

(الطعنان ٧٧٧، ٧٩٣/٢٠٠١ تجاري جلسة ٢٩/٦/٢٠٠٢ مج القسم الخامس - المجلد الثالث ص ١٧٢)

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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