Reviewing judicial precedent No. 74.2.12-597 of general board of Iran’s supreme court
Journal Title: Journal of Human Sciences - Year 2016, Vol 13, Issue 3
Abstract
According to legal regulations, endorsers of a commercial document hold severally liable against its holder; and in this regard the holder too has some duties to perform. Among these duties, after the demand and protest for non-payment in legal time is litigation within a certain legal time. There are different opinions regarding inclusion of the guarantors in article 286 of Iran’s trade law and judicial procedures are also divided and vary, and according to some rulings of some branches of Iran’s Supreme Court, the guarantor is included in the subject of article 286 while some of the branches consider it outside of the article 286 subject. This difference resulted in the issuance of judicial precedent no. 597 on 1995 May 2nd which rules on the exclusion of the guarantor in the subject of article 286 inclusion. In this paper, along with reviewing the ruling, the guarantor inclusion-exclusion cases in the subject and ruling of article 286 of the Iran’s trade law is determined.
Authors and Affiliations
Parviz Dehghan
Keywords
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