Commentary to article 55. Consequences of initiation of liquidation proceedings of the Civil Code of the Republic of Kazakhstan
Liquidation proceedings in the Bankruptcy Law are called bankruptcy proceedings (see the title of chapter 6 of the said law).
The bankrupt has the right to appeal to the court against the unlawful actions of the bankruptcy trustee, who is the trustee, and the creditors' meeting (committee).
On the basis of a court decision, a ban on the alienation and transfer of bankrupt's property is subject to registration with the registration authorities of rights to immovable property if there is immovable property in the bankruptcy estate.
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The commentary was prepared within the framework of the scientific and practical research program of the Scientific Research Center of Private Law of the Kazakh State Law University.
Head of the working group on the preparation of the draft Civil Code of the Republic of Kazakhstan, Corresponding Member of the Academy of Sciences of the Republic of Kazakhstan, Professor Suleimenov M.K.
Deputy head Professor Basin Yu.G.
