Article 67. The powers of the court in the rehabilitation procedure The Law on Rehabilitation and Bankruptcy

     The court in the rehabilitation procedure:

     1) applies and terminates the rehabilitation procedure;

     2) excluded by the Law of the Republic of Kazakhstan dated December 27, 2019 No. 290-VI (effective ten calendar days after the date of its first official publication);  

     3) approves the rehabilitation plan;

     4) approves amendments and additions to the rehabilitation plan;

     5) accepts for its proceedings cases on property disputes in which the debtor acts as a defendant;

     6) excluded by the Law of the Republic of Kazakhstan dated December 27, 2019 No. 290-VI (effective ten calendar days after the date of its first official publication);  

     7) resolves disputes between participants in the rehabilitation procedure.

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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