Skip to content

Explanation of Article 193

Explanation of Article 193

This article addresses the statement of the "effect of joint creditors," which is: that each joint creditor has the right to demand the debtor for the full debt, and the debtor's obligation is discharged by paying the debt to any of them.

The article stipulates that joint creditors have the right to demand the debtor for the full debt, whether they are together or individually. For example, if there is more than one creditor for a single debt and they are joint, any of them has the right to demand the debtor for the full debt.

It is worth noting that this provision applies to all types of obligations, whether they are contracts, acknowledgments, discharges, or otherwise.

This article is considered one of the most important articles related to the effect of joint creditors, and it clarifies the impact of joint creditors on the obligation.

Article 193

  1. Any person who retains a thing shall safekeep it and shall provide an account of its proceeds.

  2. If there are concerns that the retained thing may be destroyed or damaged, or if it has been retained for a period deemed long according to custom, the person retaining such thing may sell it after obtaining the court’s permission, or without its permission in case of urgency; in such case, the right of retention shall be transferred to its price.