Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

The document ceased to be valid since September 10, 2015 according to Item 1 of the Order of the Government of the Republic of Kazakhstan of August 28, 2015 No. 685

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of July 2, 2014 No. 759

About approval of the minimum sizes and Rules of payment of the main remuneration to administrators

According to Item 1 of article 13 of the Law of the Republic of Kazakhstan of March 7, 2014 "About rehabilitation and bankruptcy" the Government of the Republic of Kazakhstan DECIDES:

1. Approve enclosed:

1) minimum amount of the main remuneration to administrators;

2) Rules of payment of the main remuneration to administrators.

2. This resolution becomes effective after ten calendar days after day of its first official publication.

Prime Minister of the Republic of Kazakhstan

K. Masimov

Approved by the Order of the Government of the Republic of Kazakhstan of July 2, 2014 No. 759

Minimum amount of the main remuneration to administrators

№ of payment order

Conditions

Minimum amount of the main remuneration

1.

Temporary administrator

1)

Debtor small business entity

15 MRP

2)

Debtor subject of medium business

20 MRP

3)

Debtor subject of big business

25 MRP

2.

Rehabilitation managing director

1)

Debtor small business entity

25 MRP

2)

Debtor subject of medium business

30 MRP

3)

Debtor subject of big business

35 MRP

3.

Interim manager

1)

The debtor who does not have assets for date of initiation of proceedings about bankruptcy

1 MZP

2)

Debtor small business entity

15 MRP

3)

Debtor subject of medium business

20 MRP

4)

Debtor subject of big business

25 MRP

4.

Bankrupt managing director

1)

The debtor who does not have assets for date of recognition of the debtor by the bankrupt

1 MZP

2)

Debtor small business entity

25 MRP

3)

Debtor subject of medium business

30 MRP

4)

Debtor subject of big business

35 MRP

 

Note: disaggregation of abbreviations:

MRP - the monthly settlement indicator established by the Law on the republican budget for the corresponding financial year

MZP - the minimum wage established by the Law on the republican budget for the corresponding financial year

Approved by the Order of the Government of the Republic of Kazakhstan of July 2, 2014 No. 759

Rules of payment of the main remuneration to administrators

1. General provisions

1. These rules of payment of the main remuneration to administrators are developed according to Item 1 of article 13 of the Law of the Republic of Kazakhstan of March 7, 2014 "About rehabilitation and bankruptcy" and establish payment procedure of the main remuneration to administrators.

2. As the administrator it is understood - the temporary administrator, rehabilitation, interim and bankrupt managing directors appointed in accordance with the established procedure during hearing of cases in court and holding rehabilitation procedure and insolvency proceeding.

The main remuneration is - the fixed remuneration established by creditor meeting to the temporary administrator, rehabilitation, interim and bankrupt managing directors monthly.

3. The amount of the main remuneration to the temporary administrator, rehabilitation, interim and bankrupt managing directors cannot be below the minimum size established by the Government of the Republic of Kazakhstan and is transferred into the bank account of the temporary administrator, rehabilitation, interim and bankrupt manager specified in the statement in case of registration (re-registration) in authorized body.

2. Payment procedure of the main remuneration to the temporary administrator

4. The amount of the main remuneration to the temporary administrator is determined on creditor meeting. The solution of creditor meeting is drawn up by the protocol.

5. The main remuneration of the temporary administrator is compensated at the expense of property of the debtor out of turn by results of its activities for the entire period of execution by the temporary administrator of the obligations.

6. The main remuneration is paid to the temporary administrator by the rehabilitation managing director or the official of the insolvent debtor after removal of determination by court about approval of the plan of rehabilitation or the termination of the rehabilitation procedure.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.