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Adequacy of creditor’s demands for recovery of losses against the pledged property

August 20, 2015

Pursuant to Law of the Republic of Kazakhstan No.333-V of 17 July, 2015 “On amendments and additions into the certain legal acts of the Republic of Kazakhstan pertaining increase of protection of property right, securing performance of contractual obligations and strengthening of liability for violation of them” the Civil Code, Law on registration of mortgage of immovable property and Law on Banks and Banking Activity have been amended.