Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments

One of the most pivotal and practical subjects of contract law is whether one may dispose of his or her contractual obligations through the issuance of negotiable documents. This article focuses on the issuance of such instruments as a cheque in the performance of monetary obligations when the issua...

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Main Authors: Ebrahim Shoarian Sattari, Mehrdad Etemad Gharamaleki
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2023-03-01
Series:Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
Subjects:
Online Access:https://jplr.atu.ac.ir/article_16164_dc2a62abda60535220abd1ec76d83cf9.pdf
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author Ebrahim Shoarian Sattari
Mehrdad Etemad Gharamaleki
author_facet Ebrahim Shoarian Sattari
Mehrdad Etemad Gharamaleki
author_sort Ebrahim Shoarian Sattari
collection DOAJ
description One of the most pivotal and practical subjects of contract law is whether one may dispose of his or her contractual obligations through the issuance of negotiable documents. This article focuses on the issuance of such instruments as a cheque in the performance of monetary obligations when the issuance is dishonored. In fact, the question is whether the issuance and delivery of such instruments convert a civil law obligation into an obligation arising from the issuance of negotiable instruments or whether it is possible to rely upon the original obligation with all its guarantees and consequences. The statutes are silent on the matter. Scholars and jurisprudence are divided. This article comparatively examines various legal systems and international instruments like UNIDROIT Principles of International Commercial Contracts and the Principles of European Contract Law, and by relying on the general principles enshrined in Article 3 of the Code of Civil Procedure, concludes that the better approach is the one that subscribes to the survival of the original obligations. It is hoped that this comparative study can set a model for our future legislative initiatives.
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spelling doaj.art-0c7dcb9a42474281a5cf4ce90d2d7a782023-12-26T07:49:55ZfasAllameh Tabataba'i University PressFaṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī2345-35832476-62322023-03-01114214517310.22054/jplr.2023.69446.270616164Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International InstrumentsEbrahim Shoarian Sattari0Mehrdad Etemad Gharamaleki1Professer, Department of Private Law, Faculty of Law and Social Science, University of Tabriz, IranResearch Assistant in Private Law, Department of Law, Faculty of Law and Social Science, University of Tabriz, IranOne of the most pivotal and practical subjects of contract law is whether one may dispose of his or her contractual obligations through the issuance of negotiable documents. This article focuses on the issuance of such instruments as a cheque in the performance of monetary obligations when the issuance is dishonored. In fact, the question is whether the issuance and delivery of such instruments convert a civil law obligation into an obligation arising from the issuance of negotiable instruments or whether it is possible to rely upon the original obligation with all its guarantees and consequences. The statutes are silent on the matter. Scholars and jurisprudence are divided. This article comparatively examines various legal systems and international instruments like UNIDROIT Principles of International Commercial Contracts and the Principles of European Contract Law, and by relying on the general principles enshrined in Article 3 of the Code of Civil Procedure, concludes that the better approach is the one that subscribes to the survival of the original obligations. It is hoped that this comparative study can set a model for our future legislative initiatives.https://jplr.atu.ac.ir/article_16164_dc2a62abda60535220abd1ec76d83cf9.pdfchequecontractual obligationguaranteeslegal principlesnovationunidroit principles
spellingShingle Ebrahim Shoarian Sattari
Mehrdad Etemad Gharamaleki
Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
cheque
contractual obligation
guarantees
legal principles
novation
unidroit principles
title Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
title_full Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
title_fullStr Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
title_full_unstemmed Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
title_short Performing Contractual Monetary Obligations through Delivery of Negotiable Instruments and its Implications: The Approach of Iranian Law, Some National Systems and International Instruments
title_sort performing contractual monetary obligations through delivery of negotiable instruments and its implications the approach of iranian law some national systems and international instruments
topic cheque
contractual obligation
guarantees
legal principles
novation
unidroit principles
url https://jplr.atu.ac.ir/article_16164_dc2a62abda60535220abd1ec76d83cf9.pdf
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