Article 10. Confidentiality of the Law on Rehabilitation and Bankruptcy

     1. The authorized body and the administrator have the right to request and receive information about the financial and economic activities of the debtor, including the period before declaring him bankrupt, without obtaining the consent of the individual entrepreneur, the owner of the property (the body authorized by him), the founders (participants) of the bankruptcy.

     2. Disclosure of information about financial and economic activities by an administrator or an official of an authorized body to whom they are entrusted or known in their service or work, as well as the loss of documents containing such information, entail liability established by the laws of the Republic of Kazakhstan. This article also applies to persons involved by the administrator.

     3. The transfer of information provided by the authorized body or the administrator to state bodies in cases stipulated by the laws of the Republic of Kazakhstan does not constitute disclosure of confidential information.

     4. When carrying out the procedures provided for by this Law, the following information is not confidential:

     1) about the person who carries out the activities of the administrator;

     2) on the composition of the creditors' committee and the decisions it has taken;

     3) the amount of claims included in the register of creditors' claims and the amount of their satisfaction in the context of queues;

     4) about the timing of the procedures;

     5) on the fulfillment of the schedule for satisfying creditors' claims;

     6) on the existence of complaints about actions (inaction) the administrator and the results of their review;

     7) on bringing the administrator to administrative responsibility for the facts of revealed offenses;

     8) on the grounds for termination of the rehabilitation procedure;

     9) provided by the administrator to the creditors' committee for decision-making; -Excluded by the Law of the Republic of Kazakhstan dated July 23, 2026 No. 352-VIII SAM. 

     10) on judicial proceedings initiated by authorized persons within the framework of the exercise of the rights established by this Law.

The Law of the Republic of Kazakhstan dated March 7, 2014 No. 176-V SAM.

The article was amended and supplemented by the Law of the Republic of Kazakhstan dated July 23, 2026, No. 352-VIII SAM. 

     This Law regulates public relations arising from the debtor's inability to satisfy creditors' claims in full, establishes the grounds for applying debt restructuring procedures, rehabilitation procedures and declaring the debtor bankrupt, liquidating the debtor without initiating bankruptcy proceedings, and also defines the procedure and conditions for their conduct.

President    

Republic of Kazakhstan     

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases Declaration Decree Order Resolution Decision Report Conclusion Statement Conclusion Convention Contract Memorandum Methodology Norms Note Rules Program Charter Charter Article Commentary Resolution Regulations Protocol Draft Program Rules Messages