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Disputes involving investors will be considered by a specialized court in Nur-Sultan


According to the law signed by the president, the consideration of disputes involving investors was transferred to the specialized inter-district economic court of Nur-Sultan.

Thus, the specialized interdistrict economic court of the city of Nur-Sultan considers civil cases on investment disputes, except for cases under the jurisdiction of the specialized interdistrict administrative court of the city of Nur-Sultan, as well as claims of state bodies against investors related to the investment activities of the investor, with the participation of:

- a foreign legal entity (its branch, representative office) carrying out business activities in the territory of the Republic of Kazakhstan;

- a legal entity established with foreign participation in accordance with the procedure established by the legislation of the Republic of Kazakhstan, fifty or more percent of the voting shares (participation shares in the authorized capital) of which belong to a foreign investor;

- investors in the presence of a signed contract with the state for the implementation of investments.

Specialized inter-district economic courts also consider cases on the restructuring of financial organizations and organizations that are part of a banking conglomerate as a parent organization and are not financial organizations, in cases provided for by the laws of the Republic of Kazakhstan, cases on debt restructuring, rehabilitation and bankruptcy of individual entrepreneurs and legal entities, as well as their liquidation without initiating bankruptcy proceedings.

Original news: https://online.zakon.kz/Document/?doc_id=32800128#pos=4;-116