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Explanation of Article 203

Explanation of Article 203

This article addresses the statement "the effect of what the creditor receives from one of the joint debtors," which is: that what the creditor receives from one of the joint debtors is part of his right alone, and the rest of the debtors are not accountable for it.

The article stipulates that everything the creditor receives from one of the joint debtors is part of his right alone, and the rest of the debtors are not accountable for it. For example, if there is more than one debtor for a single debt, and they are jointly liable, and the creditor collects the entire debt from one of them, he is required to account for the shares of the other debtors in the debt.

It should be noted that this ruling applies to all types of obligations, whether they are contracts, declarations, discharges, or otherwise.

This article is considered one of the most important articles related to the effect of what the creditor receives from one of the joint debtors, and it clarifies the impact of what the creditor receives from one of the joint debtors on the obligation.

Article 203

If a condition is satisfied, its effect shall apply as of the time the obligation was created, unless the intention of the contracting parties or the nature of the contract indicates that the existence or extinction of the obligation relates only to the time the condition was satisfied, and unless performance of the obligation before the condition is satisfied was not possible for a reason beyond the debtor’s control.