Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3525

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

English translation of the principle

Endorsement of a commercial instrument, whether a cheque or a bill of exchange, purges it of matters relating to grounds for rescission or invalidity of the negotiable-instrument obligation and all defences based on the debtor’s relationship with the first payee. The condition for this. The holder’s good faith. Bad faith. Its meaning.
Arabic original
تظهير الورقة التجارية شيكاً كانت أو كمبيالة يطهرها مما يتعلق بأسباب فسخ أو بطلان الالتزام الصرفي وكافة الدفوع المبينة على علاقة المدين بالمستنفيد الأول. شرط ذلك. حسن نية الحامل. سوء النية. ماهيته.
Original Arabic judgment citations

(الطعن ١٢٧/٩٣ تجاري جلسة ١٨/١١/١٩٩٣ مج القسم الثالث - المجلد الأول ص ٦٩٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 595. PDF pages: 595.

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