Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 445

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

English translation of the principle

Documentary credit. Its nature. Its independence from the contract on account of which the credit was opened. The basis of the bank's undertaking to open it.
Arabic original
الاعتماد المستندي. ماهيته. استقلاله عن العقد الذي فتح الاعتماد بسببه. أساس تعهد البنك بفتحه.
Original Arabic judgment citations

(الطعن ٩٥/٧٩ تجاري جلسة ١١/٣/١٩٨١ مج القسم الأول - المجلد الأول ص ٣٦٩) (والطعن ١٣١/٨٢ تجاري جلسة ٢٣/٢/١٩٨٣ مج القسم الأول - المجلد الأول ص ٢٧١)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 90. PDF pages: 90.

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