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NORMATIVE RESOLUTION OF THE SUPREME COURT OF THE REPUBLIC OF KAZAKHSTAN

of November 29, 2018 No. 18

About modification and amendments in the normative resolution of the Supreme Court of the Republic of Kazakhstan of June 18, 2004 No. 5 "About court practice of liquidation of the legal entities performing the activities with gross violation of the legislation"

1. Bring the following changes and amendments in the above-stated normative resolution of the Supreme Court of the Republic of Kazakhstan:

Heading to state 1) in the following edition:

"About court practice of liquidation of the absent legal entities and the absent debtor, and also legal entities performing the activities with gross violation of the legislation";

2) in Item 1:

"Article 49" shall be replaced with words words "Article 49";

words "article 28 of the Law of the Republic of Kazakhstan "About private entrepreneurship" "shall be replaced with words" Articles 39, 53 Entrepreneurial codes of the Republic of Kazakhstan";

words "Chapters 7, of 9, of 9-1 Law of the Republic of Kazakhstan "About bankruptcy" (further - the Law) "shall be replaced with words" Chapters 7, 8 and 9 Laws of the Republic of Kazakhstan of March 7, 2014 No. 176-V "About rehabilitation and bankruptcy" (further - the Law)";

3) in Item 2:

state paragraph two in the following edition:

"According to the subitem 15) of article 1 of the Law, the absent debtor is debtor, residence or place of registration of which or the location of permanent body, and also participants and officials without whom the debtor cannot perform the activities cannot be established within six months.";

word in paragraph three of "proper permission (license)" shall be replaced with words "the proper license";

4) in Item 3 the first offer of the first paragraph, the paragraph of the sixth to exclude;

5) in item 4:

replace figures "16", "94-95" respectively with figures "19", "57, 118";

"Article 94" shall be replaced with words words "Articles 44, 47";

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