ARTICLE
18 May 2021

Entrepreneurial Code Of Kazakhstan: What Is Considered As The Group Of Persons?

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Unicase Law Firm

Contributor

Unicase is a leading law firm in Central Asia, operating both in the region and globally, including Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan. Unicase boasts one of the most expert teams, renowned for its capabilities in regulation and legislative development, which, combined with extensive transaction experience, enables the firm to win major development projects and remain a preferred adviser on corporate law, M&A transactions, dispute resolution, and legislation. Partners and senior lawyers at Unicase have spent a significant part of their professional careers working with leading international operators, which allows them to understand the expectations of both foreign and local clients regarding the format and content of legal consultations, making Unicase a competitive firm.
THE GROUP OF PERSONS - an aggregate of individuals and (or) legal entities that correspond to one or more of the characteristics stated in the Article 165 of the Entrepreneurial Code of the Republic...
Kazakhstan Corporate/Commercial Law

THE GROUP OF PERSONS - an aggregate of individuals and (or) legal entities that correspond to one or more of the characteristics stated in the Article 165 of the Entrepreneurial Code of the Republic of Kazakhstan.

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1. THE GROUP OF PERSONS is a market entity and an individual or legal entity, if such an individual or such legal entity has, by virtue of its participation in this market entity or in accordance with the powers received, including on the basis of a written agreement, from other persons, the right to dispose more than fifty percent of the total number of votes attributable to voting shares (equity interest in authorized capital, shares) of this market entity.

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