Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 499

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

English translation of the principle

A current account. The rule is its indivisibility and the impermissibility, while the account is operating, of claiming that any individual item is due. The exception: the borrower's drawing up an instrument for the loan amount and its entry into the current account. Upon the customer's repayment of the loan, the bank may make a reverse entry for the debt and return the instrument to its owner, or retain its entry and claim its value from the customer. The effect thereof.
Arabic original
الحساب الجاري. الأصل عدم تجزئته وعدم جواز المطالبة أثناء سير الحساب باستحقاق أي مفرد. الاستثناء: تحرير المقترض ورقة بقيمة القرض ودخولها في الحساب الجاري. للبنك عند وفاء العميل بالقرض أن يجري قيداً عكسياً للدين ويعيد الورقة لصاحبها أو يبقي على قيدها ويطالب العميل بقيمتها. أثر ذلك.
Original Arabic judgment citations

(الطعن ٢٩٩/٨٩ تجاري جلسة ٤/٣/١٩٩٠ مج القسم الثاني - المجلد الأول ص ٧٥٤)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 97. PDF pages: 97.

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