Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 591

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

English translation of the principle

Discharge of an obligation in foreign currency. Its condition. The contract contains an express term to that effect. Its absence and its effect. Payment must be made in Kuwaiti currency.
Arabic original
وفاء الالتزام بالعملة الأجنبية. شرطه. تضمن العقد شرطاً صريحا بًذلك. تخلف ذلك وأثره. وجوب الوفاء بالعملة الكويتية.
Original Arabic judgment citations

(الطعن ٢٣/١٩٨٣ مدني جلسة ٥/١٢/١٩٨٣ مج القسم الأول - المجلد الثاني ص ٧٦٨)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 111. PDF pages: 111.

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