of October 2, 2015 No. 5
About practice of application of the legislation on rehabilitation and bankruptcy
Having studied practice of application by courts of the legislation on procedures of rehabilitation and bankruptcy and for the purpose of uniform application of regulations of the current legislation about rehabilitation and bankruptcy, the plenary session of the Supreme Court of the Republic of Kazakhstan decides:
1. The legislation of the Republic of Kazakhstan on procedures of rehabilitation and bankruptcy is based on the Constitution of the Republic of Kazakhstan and consists of the Civil code of the Republic of Kazakhstan (further – group of companies), the Code of civil procedure of the Republic of Kazakhstan (further – GPK), the Entrepreneurial code of the Republic of Kazakhstan (further – the Entrepreneurial code), the Law of the Republic of Kazakhstan of March 7, 2014 No. 176-V "About rehabilitation and bankruptcy" (further – the Law "About Rehabilitation and Bankruptcy"), other laws and regulatory legal acts establishing features of application of procedures of rehabilitation and bankruptcy concerning certain business entities.
According to Item 2 of article 2 of the Law "About Rehabilitation and Bankruptcy" if the international treaty ratified by the Republic of Kazakhstan establishes other rules, than those which are provided by the Law then are applied rules of the international treaty.
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The document ceased to be valid since November 16, 2023 according to Item 32 of the Normative Resolution of the Supreme Court of the Republic of Kazakhstan of November 2, 2023 No. 2