Category Archives:Без рубрики @en

Change of Director in the absence of the founders or their refusal to change the Director

According to Art. 253 of the Labor Code of the Republic of Kazakhstan the Head of the executive body of the legal entity shall be entitled to terminate the employment contract, notifying the owner of the legal entity authorized by the owner of the property or the person (body) or authorized body of a legal entity in writing at least two months prior. In other words, (…) the director has the right to resign if he would no longer be satisfied with his work.

Termination of enforcement proceedings due to the loss of the possibility of execution

One of the grounds for termination of enforcement proceedings under subparagraph 4 of Article 47 of the Law of the Republic of Kazakhstan “On Enforcement Proceedings and Status of legal executives” is the loss of the possibility of execution of the executive document binding the debtor to perform certain actions (refrain from (…) of certain actions).