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Article 45-1. Return of the debtor's or creditor's (creditors') application without consideration The Law on Rehabilitation and Bankruptcy
1. The debtor's application to the court for the application of a rehabilitation procedure or recognition as bankrupt, which does not comply with the requirements provided for in Articles 41 and 42 of this Law, is the basis for the court to return the application without consideration.
2. In cases where applying to the court for declaring bankruptcy is mandatory for the debtor in accordance with this Law and the necessary documents are not attached to the application, such an application is accepted by the court for production, and the missing documents are claimed by the court in order to prepare the case for trial.
3. A creditor's (creditors') application that does not comply with the requirements provided for in Articles 44 and 45 of this Law shall be returned by the court without consideration.
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.
President
Republic of Kazakhstan
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