Article 16. Interaction of the authorized body with the state bodies of the Law on Rehabilitation and Bankruptcy

Home / RLA / Article 16. Interaction of the authorized body with the state bodies of the Law on Rehabilitation and Bankruptcy

1. The authorized body interacts with government agencies and ensures the mutual exchange of information.

2. State bodies are obliged to assist the authorized body in fulfilling the tasks of carrying out activities in the field of rehabilitation and bankruptcy.

3. The authorized body has the right to interact with government agencies electronically in accordance with the procedure established by the legislation of the Republic of Kazakhstan.

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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