Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3539

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

English translation of the principle

A commercial obligation for a sum of money. When its subject matter is ascertainable in amount at its inception, even if the debtor disputes its amount. Statutory interest is compensation for delay in performing the obligation to pay a sum of money; it runs as soon as the debt falls due, without proof of damage or agreement upon it, and the debtor is not exempted from it except by his agreement or a custom providing otherwise.
Arabic original
الالتزام التجاري بمبلغ من النقود. متى يكون محله معلوم المقدار وقت نشوئه ولو نازع المدين في مقداره. الفوائد القانونية تعويض عن التأخر في الوفاء بالالتزام بدفع مبلغ من النقود تسري بمجرد استحقاق الدين دون إثبات لضرر أو اتفاق عليها ولا يعفى منها المدين إلا باتفاقه أو عرف يقضي بذلك.
Original Arabic judgment citations

(الطعن ١٤١/١٩٨٩ تجاري جلسة ٢٤/١٢/١٩٨٩ مج القسم الثاني - المجلد الأول ص ٥٦٦٧)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 597. PDF pages: 597.

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