Acceptance of commercial transfer by intervention

Section: RESEARCH
Published
Aug 4, 2025
Pages
1-18

Abstract

The topic of " acceptance by intervention " is considered to be one of the important commercial papers . It deals with the state of the drawee s refusal in the commercial order to accept it. A case which threatens the holders right in the order on the hand and subjects the drawer to be claimed from the holder and the creditors. As such. One person pertaining to the order or another having nothing to do with the order comes to accept it by intervention as a preliminary step toward paying it it in its due date . which contributes to payment of debts and achievement of the stability of transactions..

References

  1. Fourth: Judicial Decisions:- Court of the Iraqi Court of Cassation, Volume IV, Government Press, Baghdad, 1970.
  2. Second: Magazines:- Journal of Government Issues Management.
  3. Third: Laws:- Iraqi Civil Code No. 40 of 1951- Law of Evidence No. 107 of 1979- Iraqi Trade Law No. 30 of 1984.
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