Explanation of Article 246
This article addresses the statement of the "effect of fulfillment," which is: that fulfillment results in the extinguishment of the obligation, so the creditor has no right to demand the debt, and the debtor has no right to refrain from fulfillment.
The article stipulates that fulfillment leads to the extinguishment of the obligation. For example, if the debtor fulfills their obligation, the obligation is extinguished, and the creditor has no right to demand the debt again.
It is worth noting that this ruling 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 fulfillment, as it clarifies the impact of fulfillment on the obligation.
Related To
Article 246
In case of multiple assignments of a single right, precedence shall be given to the earlier assignment to take effect against a third party.