Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3456

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 a commercial debt. Restricted to cases where the subject matter of the monetary obligation was of an ascertained amount when it arose. Where it was not so. Its effect. Interest runs from the date of the final judgment. - The subject matter of an obligation of an ascertained amount when it arose. Its meaning.
Arabic original
القضاء بالفوائد القانونية من تاريخ استحقاق الدين التجاري. قصره على ما إذا كان محل الالتزام النقدي معلوم المقدار وقت نشوئه. عدم كونه كذلك. أثره. سريان الفوائد من تاريخ الحكم النهائي. - محل الالتزام المعلوم المقدار وقت نشوئه. مقصوده.
Original Arabic judgment citations

(الطعنان ١٥٩، ١٦٠/٢٠٠٣ تجاري جلسة ٨/١٢/٢٠٠٣ مج القسم الخامس - المجلد الثالث ص ١٧٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 584. PDF pages: 584.

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