Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3519

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

English translation of the principle

The creation of a commercial instrument. In discharge of a prior obligation. It results in the creation of a new obligation. This is the obligation under the instrument, with the permissibility of the original obligation. The creditor may have recourse against the debtor by an action on the instrument or by an action against the original debtor. - 594 - Commercial
Arabic original
إنشاء الورقة التجارية. وفاء لالتزام سابق. يترتب عليه نشوء التزام جديد. هو الالتزام الصرفي بجواز الالتزام الأصلي. للدائن الرجوع على المدين بدعوى الصرف أو بدعوى المدين الأصلي. - ٥٩٤ - تجاري
Original Arabic judgment citations

(الطعن ٦٩/٨٤ تجاري جلسة ١٢/١٢/١٩٨٤ مج القسم الأول - المجلد الأول ص ٣١٣)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 594. PDF pages: 594.

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