Article 17. State control over compliance with the legislation of the Republic of Kazakhstan on rehabilitation and bankruptcy The Law on Rehabilitation and Bankruptcy

Home / RLA / Article 17. State control over compliance with the legislation of the Republic of Kazakhstan on rehabilitation and bankruptcy The Law on Rehabilitation and Bankruptcy

1. State control over compliance with the legislation of the Republic of Kazakhstan on rehabilitation and bankruptcy is carried out in the form of inspection and preventive control with a visit to the subject (object) of control, preventive control without visiting the subject (object) of control.

2. Inspection and preventive control with a visit to the subject (object) of control are carried out in accordance with the Business Code of the Republic of Kazakhstan.

Preventive control without visiting the subject (object) of control is carried out in accordance with the Business Code of the Republic of Kazakhstan and this Law.

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

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Republic of Kazakhstan

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