Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3729

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

English translation of the principle

Creating a commercial paper as an instrument for discharging a prior original obligation. Its effect. A negotiable-instrument obligation arises alongside the original obligation. The creditor has the option of recourse by an action on the negotiable instrument or an action on the original debt. Each obligation is independent of the other. - 629 - Commercial
Arabic original
إنشاء الورقة التجارية كأداة للوفاء بالتزام أصلي سابق. أثره. نشوء التزام صرفي إلى جانب الالتزام الأصلي. للدائن الخيار في الرجوع بدعوى الصرف أو بدعوى الدين الأصلي. إستقلال كل من الالتزامين عن الآخر. - ٦٢٩ - تجاري
Original Arabic judgment citations

(الطعن ٢٨٥/١٩٨٩ تجاري جلسة ٦/٥/١٩٩٠ مج القسم الثاني - المجلد الثالث ص ١٠٢٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 629. PDF pages: 629.

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