Article 10. State control over the activities of the financial manager in the procedures of restoration of solvency and judicial bankruptcy The Law on the Restoration of Solvency and Bankruptcy of Citizens of the Republic of Kazakhstan
1. State control over the activities of a financial manager in the procedures for restoring solvency and judicial bankruptcy is carried out in the form of verification and preventive control.
2. The procedure for organizing and conducting inspections and preventive control with visits to the subject of control is determined by the Business Code of the Republic of Kazakhstan.
Preventive control without visiting the subject of control is carried out in accordance with the Business Code of the Republic of Kazakhstan and this Law.
This Law regulates public relations arising in the event of the insolvency of a citizen of the Republic of Kazakhstan, establishes the grounds for the application of the procedure for restoring solvency, as well as the procedures for out-of-court and judicial bankruptcy, the procedure and conditions for their conduct.
President
Republic of Kazakhstan
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