📘 Amendments to the Law of the Republic of Kazakhstan "On Rehabilitation and Bankruptcy"
(01/16/2026)
The amendments are aimed at speeding up bankruptcy procedures and strengthening control.

, Bankrupt manager
The manager no longer receives a percentage of the collateral.
In addition, the authorized body may suspend him — the control has been strengthened.

, Notification order
It is enough to send an SMS or email to creditors about the meeting.
The fact of sending is considered a proper notification, even if the message has not been read.

, Repeated bankruptcy
If the procedure has been terminated or refused, you can apply again only after 1 year.

🔹 Application of rehabilitation procedure
If there is a debt only to the state (taxes, budget payments), rehabilitation is not carried out.
, Creditors ' Meeting
Meetings should not be deliberately disrupted.
If the creditor has failed to appear twice, the decision is made without him.

The list
of creditors who receive funds earlier has been expanded.:
cap-and-trade lenders, manager loans, clearing organizations, digital financial assets, etc.

, Deadlines and expenses
If the procedure is delayed, the administrative costs increase.
The bankrupt manager is obliged to submit the final report and the liquidation balance sheet to the court within 7 working days.

Challenging the re - registration of companies
Now it is possible to challenge the state re-registration of a legal entity (often used to protect assets).

Bottom line:
The changes are aimed at speeding up procedures, increasing transparency and strengthening control over the actions of bankruptcy participants.

Source : https://www.gov.kz/memleket/entities/kgd-shymkent/press/news/details/1194469?lang=kk