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Application for cancellation of penalties and penalties by Presidential decree

Application for cancellation of penalties and penalties by Presidential decree

Attention! The Law and Law Law Company draws your attention to the fact that this document is basic and does not always meet the requirements of a specific situation. Our lawyers are ready to assist you in drafting any legal document that suits your situation. For more information, please contact lawyer Kenesbek Islam by phone.; +7 (708) 971-78-58; +7 (727) 971-78-58.

In JSC "___________________"

BIN ___________________

address: ___________________

from the borrower: ___________________

IIN ___________________

address: ___________________

bodys.: ___________________

Representative by proxy:

Law Firm LLP

Law and Law"

BIN 190240029071

Almaty, Zhibek Zholy ave., 50,

office 202, Business center Block

info@zakonpravo.kz / www.zakonpravo.kz

+ 7 727 978 5755; +7 700 978 5755

Statement

on writing off accrued fines and penalties

________ years between gr. _______________________ ( hereinafter referred to as the Borrower) and JSC "________________" ( hereinafter referred to as the Bank) was concluded Bank loan agreement № _________, for which the Borrower was granted a loan in the amount of ______________ tenge, for a period of ___ months with an interest rate of ___% per annum. The borrower fulfilled its obligations in accordance with the Loan Agreement on time and in accordance with the established procedure. However, due to the delay in wages, and due to the lack of another source of income, the Borrower had to go into arrears. As a result, he received a penalty in the amount of ___________ tenge.

Application for cancellation of penalties and penalties by Presidential decree

On June 26, 2019, the President of the Republic of Kazakhstan, Kasym–Zhomart Tokayev, signed Decree No. 34 (hereinafter referred to as the Decree). In accordance with paragraph 1, paragraph 2 of the Decree, the President of the Republic of Kazakhstan decided: The Government of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan should take measures to write off accrued fines and penalties to citizens of the Republic of Kazakhstan who have unsecured consumer loans from banks and microfinance organizations as of July 1, 2019. In accordance with paragraph 1, paragraph 3 of the Decree, the National Bank of the Republic of Kazakhstan was instructed to take a set of regulatory measures to strengthen the responsibility of financial organizations, prohibiting the accrual of penalties, commissions and other payments related to the issuance and servicing of loans for all unsecured consumer loans of individuals with overdue debts of more than 90 days. Based on the above,

I ask you to:

Write off accrued fines and penalties under the Loan Agreement № ___________ from ___________ of the year.

To respond to the application within the time limits prescribed by law.

With respect,

General manager

Law Company Zakon i Pravo LLP

Attention!   

       Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.  

 For more information,  please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085. 

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