Article 68. Types and grounds for liquidation of banks Chapter 9. Liquidation and compulsory reorganization of banks of the Law on Banks and Banking Activities in the Republic of Kazakhstan
1. The Bank may be liquidated:
a) by decision of its shareholders, with the permission of the authorized body (voluntary liquidation);
b) by court decision in cases stipulated by legislative acts of the Republic of Kazakhstan (compulsory liquidation);
c) (deleted - No. 162 dated 2.03.01)
2. The liquidation of the bank, including on the grounds of bankruptcy, is carried out in accordance with this Law and other regulatory legal acts of the Republic of Kazakhstan.
The Law of the Republic of Kazakhstan dated August 31, 1995 No. 2444.
Attention!
Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.
For more information, please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085.
Attorney at Law Almaty Lawyer Legal Services Legal Advice Civil Criminal Administrative Cases Disputes Protection Arbitration Law Firm Kazakhstan Law Office Court Cases
