Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 427

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

English translation of the principle

Documents stipulated in the contract for opening a documentary credit. The bank's obligation to verify their conformity with the instructions of the party ordering the opening of the credit. Scope of this obligation.
Arabic original
المستندات المشترطة في عقد فتح الاعتماد المستندي. الزام البنك بالتحقق من مطابقتها لتعليمات الآمر بفتح الاعتماد. مدى هذا الالتزام.
Original Arabic judgment citations

(الطعن ١٥٩/٩٠ تجاري جلسة ١٦/٢/١٩٩٢ مج القسم الثالث - المجلد الثالث ص ٣٧٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 87. PDF pages: 87.

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