BCC 1750/2019
This case involved the legality of delay interest requested by a bank when a customer stopped paying loan installments.
Background
A bank filed a case against a company before the court. The bank requested the court to order the company to pay 6690 Dinars and the interest. The bank said that the company had received a loan and it had stopped paying the monthly instalments.
The court ruled that the company should pay the bank 1610 Dinars.
The bank appealed the ruling before the court of appeal. The court amended the appealed ruling and ruled that the company should pay the bank 6690 Dinars.
The bank appealed the ruling before the court of cassation. The bank said in their grounds of appeal that the ruling had insufficient evidence of causation. The bank said that the court had not ordered the company to pay the interest on the grounds that the interest was pre-calculated although the bank had requesteddelay interest.