LAW OF THE REPUBLIC OF KAZAKHSTAN

of December 30, 2022 No. 180-VII ZRK

About modification and amendments in the Code of the Republic of Kazakhstan about administrative offenses concerning recovery of solvency and bankruptcy of citizens of the Republic of Kazakhstan

Article 1. Bring in the Code of the Republic of Kazakhstan about administrative offenses of July 5, 2014 the following changes and amendments:

1) in Article 62:

in part one of the word "and for violation of the law of the Republic of Kazakhstan about rehabilitation and bankruptcy-after one year from the date of its making" to exclude;

to add part three paragraph two after the word of "finance" with words ", in case of recovery of solvency, rehabilitation and bankruptcy";

Heading of Chapter 14 to state 2) in the following edition:

"Chapter 14. Administrative offenses in the field of business activity, and also rehabilitation, recovery of solvency and bankruptcy";

Heading of Article 176 to add 3) with words of "legal entities and individual entrepreneurs";

To add 4) with Articles 176-1 and 181-1 of the following content:

"Article 176-1. Wrongful acts in case of recovery of solvency and bankruptcy of the citizens of the Republic of Kazakhstan who are not registered as the individual entrepreneur

1. Concealment of property or property obligations, data on property, its size, location or other information on property, cession of property in other ownership, alienation or destruction of property, and is equal concealment, destruction, falsification of documents of title if these actions are made by the citizen of the Republic of Kazakhstan who is not registered as the individual entrepreneur in the procedure of recovery of solvency, extrajudicial or judicial bankruptcy, -

attract penalty in the amount of hundred monthly settlement indicators.

2. Illegal satisfaction of property requirements of certain creditors with the citizen of the Republic of Kazakhstan who is not registered as the individual entrepreneur, obviously to the detriment of other creditors in the procedure of recovery of solvency or judicial bankruptcy -

attracts penalty in the amount of fifty monthly settlement indicators.";

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info