Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3645

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

English translation of the principle

Multiple guarantors for a single debt subject to Law 41 of 1993 and its amendments. Does not result in any of them being liable for the entire debt or guaranteeing the remainder of his fellow guarantors, and the amount of the shortfall in the debt is distributed equally among them after recourse against the debtor. The exception. An agreement predating the State's purchase of these debts providing otherwise, in which case it must be applied. - 616 - Commercial Commercial debt - its interest:
Arabic original
تعدد الكفلاء لدين واحد خاضع للقانون ٤١ لسنة ١٩٩٣ وتعديلاته. لا يؤدي إلى مسئولية أي منهم عن الدين كله أو كفالته لبقية زملائه ويوزع قيمة العجز في الدين عليهم بالسوية بعد الرجوع على المدين. الاستثناء. وجود اتفاق سابق على تاريخ شراء الدولة لهذه المديونيات يقضي بخلاف ذلك فيكون هو الواجب إعماله. - ٦١٦ - تجاري الدين التجاري - فوائده:
Original Arabic judgment citations

(الطعن ٨٤/٢٠٠٦ مدني جلسة ٢٥/١٢/٢٠٠٦ مج القسم الخامس - المجلد العاشر ص ٥٩٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 616. PDF pages: 616.

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