Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3529

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 gives rise to a new obligation, namely the negotiable-instrument obligation, alongside the original obligation. The implication thereof.
Arabic original
إنشاء الورقة التجارية كأداة للوفاء بالتزام سابق يترتب عليه نشأة التزام جديد هو الالتزام الصرفي إلى جانب الالتزام الأصلي. مؤدى ذلك.
Original Arabic judgment citations

(الطعن ٢٠٣/٩٧ تجاري جلسة ٧/١٢/١٩٩٨ 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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