Article 176. Illegal actions in the rehabilitation and bankruptcy of legal entities and individual entrepreneurs of the Code of the Republic of Kazakhstan on Administrative Offenses
1. Concealment of property or property obligations, information about property, its size, location or other information about property, transfer of property to other ownership, alienation or destruction of property, as well as concealment, destruction, falsification of accounting and (or) accounting documentation or other documents reflecting economic activity, if these actions are committed by an individual entrepreneur – debtor, founder (participant), official of a legal entity – the debtor, as well as temporary or bankrupt or rehabilitation managers, if these actions were committed during rehabilitation and bankruptcy and do not contain signs of a criminal offense., –
they entail a fine on an individual in the amount of two hundred monthly calculation indices.
2. Unlawful satisfaction of property claims of individual creditors by an individual debtor entrepreneur, founder (participant), official of a debtor legal entity, as well as temporary or bankrupt or rehabilitation managers knowingly to the detriment of other creditors, if these actions were committed during rehabilitation and bankruptcy and do not contain signs of a criminal offense, –
A fine is imposed on an individual in the amount of one hundred and fifty, on small businesses in the amount of three hundred and fifty, on medium–sized businesses in the amount of six hundred, on large businesses in the amount of two thousand monthly calculation indices.
President
Republic of Kazakhstan
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