Abstract
The article examines one of the special grounds for declaring a debtor’s transactions invalid in rehabilitation and bankruptcy proceedings. The purpose of the study is to provide a comprehensive analysis of the ground for declaring a transaction invalid as set out in subparagraph 1 of paragraph 2 of Article 7 of the Law of the Republic of Kazakhstan “On Rehabilitation and Bankruptcy,” to identify gaps in the current national legislation, and to conduct a comparative analysis with the legal regulation of foreign jurisdictions. The methodological framework of the study is based on the formal-logical method, scientific analysis and synthesis, as well as general and special methods of comparative legal analysis. As a result, a comparative study of the bankruptcy legislation of the Russian Federation, Germany, and the United Kingdom was carried out, and their distinctive features were identified. The norms of the current legislation of the Republic of Kazakhstan were analyzed, and the conditions and criteria for declaring a transaction invalid on the specified ground were systematized. The conclusion offers recommendations for clarifying certain concepts in the bankruptcy legislation and improving law enforcement practice in order to ensure uniform judicial practice.