Insolvency and the restoration of solvency of a legal entity in Kazakhstan are governed by a single statute — the Law of the Republic of Kazakhstan of 7 March 2014 No. 176-V “On Rehabilitation and Bankruptcy” — which provides three court procedures: debt restructuring, rehabilitation and bankruptcy, plus a separate route for liquidating a debtor without opening a bankruptcy procedure. All cases are heard by the specialised inter-district economic courts, and the competent authority is the State Revenue Committee of the Ministry of Finance. None of the procedures is out of court: the accelerated rehabilitation procedure that many surveys still describe was removed from the statute in December 2019.