Kazakhstan's Ministry of Finance has published a draft order to align bankruptcy control terminology and related notices and notification forms with Article 18 of the Law on Rehabilitation and Bankruptcy. The proposed editorial amendments would replace references to “preventive control without visiting the entity subject to control” with “desk control.” Related notices and notification forms would be updated accordingly.
Kazakhstan's Ministry of Finance proposes editorial updates to bankruptcy control terminology and notification forms
Kazakhstan's Ministry of Finance proposes replacing references to preventive control without visiting an entity with desk control in bankruptcy oversight provisions. The draft would also update related notices and forms to align them with Article 18 of the Law on Rehabilitation and Bankruptcy.