Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3769

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

English translation of the principle

Delay interest becoming due merely upon the debt falling due. The reason for this: delay in paying a commercial debt on its due date causes damage merely by its occurrence. Example.
Arabic original
استحقاق فواء التأخير بمجرد استحقاق الدين. علة ذلك: أن التأخير في الوفاء بالدين التجاري في ميعاد استحقاقه موجب للضرر بمجرد حصوله. مثال.
Original Arabic judgment citations

(الطعن ٧٦/١٩٩٧ تجاري جلسة ١٥/٣/١٩٩٨ مج القسم الرابع - المجلد السادس ص ٧٦١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 634. PDF pages: 634.

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