Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3650

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

English translation of the principle

Awarding statutory interest from the date a commercial debt falls due. Its restriction to cases where the amount of the monetary obligation is known when it arises. This not being the case. Its effect. Interest accrues from the date of the final judgment.
Arabic original
القضاء بالفوائد القانونية من تاريخ استحقاق الدين التجاري. قصره على ما إذا كان محل الالتزام النقدي معلوم المقدار وقت نشوئه. عدم كونه كذ لك. أثره. سريان الفوائد من تاريخ الحكم النهائي.
Original Arabic judgment citations

(الطعن ٧٣١/٩٧ تجاري جلسة ٩/١١/١٩٩٨ مج القسم الرابع - المجلد الرابع ص ٨٩٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 617. PDF pages: 617.

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