PENALTY FOR LATE PAYMENT OF CASH IN JURISPRUDENCE AND LAW, WITH SPECIAL REFERENCE TO IMAM KHOMEINI’S PRINCIPLES

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MOOSAVI BOJNOURDI SAYED MOHAMMAD; OMRANZADEH ALIYEH

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Paper Information

Journal: Matin research journal Year:2017 | Volume:18 | Issue:73 Page(s): 15-34

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Title

PENALTY FOR LATE PAYMENT OF CASH IN JURISPRUDENCE AND LAW, WITH SPECIAL REFERENCE TO IMAM KHOMEINI’S PRINCIPLES

Author(s)

MOOSAVI BOJNOURDI SAYED MOHAMMAD | OMRANZADEH ALIYEH | Issue Writer Certificate

Keywords

COMPENSATIONQ3

LATE PAYMENT PENALTYQ1

DELAY IN REPAYMENTQ1

COMPENSATION FOR DELAY IN PAYMENTQ1

COLLATERALQ1

Abstract

Given Iran’s today economic conditions and change in the prices and devaluation of national currency, it is difficult to have transaction without taking into consideration a penalty for delay in payment of time-bound deals. At the same time, ambiguity about contradiction of this rule with the Sharia has led to suggestion of various stances by legal authorities to the extent that some maintain that penalty for late payment of cash is against the Sharia. Hence, the significance of this issue becomes more important from different perspectives. The present article is an attempt to find out whether the nature of penalty for late payment of cash is different from payment based on the current value of currency and calculation of the inflation rate, or, it is the same. Or, whether the COLLATERAL or guarantee fund is a kind of civil penalty for violation of the commitment? Or, whether this COLLATERAL or guarantee fund is a kind of penalty COMPENSATION for the damage inflicted by the committed person because of violation of his/her commitment?

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APA: Copy

MOOSAVI BOJNOURDI, SAYED MOHAMMAD, & OMRANZADEH, ALIYEH. (2017). PENALTY FOR LATE PAYMENT OF CASH IN JURISPRUDENCE AND LAW, WITH SPECIAL REFERENCE TO IMAM KHOMEINI’S PRINCIPLES. PAZHUHESHNAMEH MATIN, 18(73 ), 15-34. SID. https://sid.ir/paper/93890/en

Vancouver: Copy

MOOSAVI BOJNOURDI SAYED MOHAMMAD, OMRANZADEH ALIYEH. PENALTY FOR LATE PAYMENT OF CASH IN JURISPRUDENCE AND LAW, WITH SPECIAL REFERENCE TO IMAM KHOMEINI’S PRINCIPLES. PAZHUHESHNAMEH MATIN[Internet]. 2017;18(73 ):15-34. Available from: https://sid.ir/paper/93890/en

IEEE: Copy

SAYED MOHAMMAD MOOSAVI BOJNOURDI, and ALIYEH OMRANZADEH, “PENALTY FOR LATE PAYMENT OF CASH IN JURISPRUDENCE AND LAW, WITH SPECIAL REFERENCE TO IMAM KHOMEINI’S PRINCIPLES,” PAZHUHESHNAMEH MATIN, vol. 18, no. 73 , pp. 15–34, 2017, [Online]. Available: https://sid.ir/paper/93890/en

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