Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3528

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

English translation of the principle

Creation of a commercial instrument as a means of discharging a prior obligation. Effect thereof. A new obligation arises, namely the obligation under the negotiable instrument, alongside and independent of the original obligation. The creditor has the choice of proceeding against the debtor by an action on the negotiable instrument or an action on the original debt. Consequences thereof. Example.
Arabic original
إنشاء الورقة التجارية كأداة للوفاء بالتزام سابق. أثره. نشأة التزام جديد هو الالتزام الصرفي إلى جوار الالتزام الأصلي ومستقل عنه. للدائن الخيار في الرجوع على المدين بدعوى الصرف أو بدعوى الدين الأصلي. ما يترتب على ذلك. مثال.
Original Arabic judgment citations

(الطعن ٦٦١/٩٧ تجاري جلسة ٩/١١/١٩٩٨ مج القسم الرابع - المجلد الثاني ص ٤٢٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 596. PDF pages: 596.

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