RESOLUTION OF THE PLENUM OF THE SUPREME COURT OF THE KYRGYZ REPUBLIC

of May 24, 2019 No. 10

About some questions of court practice on application of the legislation on pledge

For the purpose of ensuring unity of practice of application by courts of the legislation in case of the dispute resolution, connected with mortgage legal relationship, taking into account the made changes in the Civil code of the Kyrgyz Republic and the Law of the Kyrgyz Republic "About pledge", the Plenum of the Supreme Court of the Kyrgyz Republic, being guided by part 3 of article 98 of the Constitution of the Kyrgyz Republic, article 18 of the constitutional Law of the Kyrgyz Republic "About the Supreme Court of the Kyrgyz Republic and local courts" decides to make the following explanations:

1. In case of the dispute resolution, connected with the pledge relations to courts it is necessary to be guided by the Constitution of the Kyrgyz Republic, the Civil code of the Kyrgyz Republic (further - KR Group), the Land code of the Kyrgyz Republic (further - ZK KR), the laws of the Kyrgyz Republic "About pledge" (further - the Law "About Pledge"), "About state registration of the rights to real estate and transactions with it", the constitutional Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", other laws and regulatory legal acts of the Kyrgyz Republic, and also rules of international law and the international treaties of the Kyrgyz Republic which are component of its system of law.

If the pledger is subject to process of bankruptcy, relations on pledge are regulated also by the Law of the Kyrgyz Republic "About bankruptcy (insolvency)".

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info