Kazakh finance ministry presents draft law to improve rehabilitation, bankruptcy procedures – Astana Times

ASTANA The Ministry of Finance presented Jan. 10 the draft law on improving rehabilitation and bankruptcy procedures of business entities at the Mazhilis (lower house of Parliament). Kanat Baedileov Approximately 4,000 business entities are undergoing the bankruptcy procedure and 400 enterprises are in need of rehabilitation The number of business entities in difficult financial situations…