Article 43. Final report and conclusion of the Financial Manager of the Law on Restoration of Solvency and Bankruptcy of Citizens of the Republic of Kazakhstan
1. After completing settlements with creditors, the financial manager makes:
1) final report in the prescribed form;
2) an opinion on the existence or absence of grounds for termination of the bankrupt's obligations in accordance with the established form.
2. The financial manager, within the time limits established by paragraph 1 of Article 37 of this Law, shall send to the court a final report, an opinion on the existence or absence of grounds for termination of the bankrupt's obligations.
At the same time, copies of the final report and the conclusion are sent by the financial managers to the debtor, creditors and the authorized body.
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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