Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3498

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. It is payable from its due date if its subject matter is a monetary obligation of a known amount at its inception. Its amount not being known. Its effect. Awarding it from the date of the final judgment.
Arabic original
الفوائد القانونية على الدين التجاري. استحقاقها من تاريخ استحقاقه إذا كان محله التزام نقدي معلوم المقدار وقت نشوئه. عدم كونه معلوماً.أثره. القضاء بها من تاريخ الحكم النهائي.
Original Arabic judgment citations

(الطعن ٢٨/٢٠٠٠ تجاري جلسة ٢٥/٦/٢٠٠١ مج القسم الرابع - المجلد الثاني ص ٤١٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 591. PDF pages: 591.

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