The Astana International Financial Center Court (AIFC) is an independent judicial system that operates in strict compliance with international standards. The court's jurisdiction includes primarily commercial and civil disputes.
In fact, the MFCA court is an example of English law in Kazakhstan: it is based on the legal principles of England and Wales.
The Court of the Astana International Financial Center is a unique judicial system based on the principles and rules of the case law of England and Wales. It is attractive to many entrepreneurs because of its compliance with the best international standards, according to which the AIFC judges make decisions. The specialists of the Law Council Group, having the necessary qualifications, being registered in the Court office, are authorized to represent their clients in full.
First of all, he deals with disputes arising from the activities of the AIFC. He also takes on cases in which both sides have decided to refer them here for consideration. With only one exception: the court does not deal with criminal cases and administrative offenses.
It should be noted that the AIFC court has no connection with the judicial system of the Republic of Kazakhstan. It functions independently: cases are handled exclusively in the international (English) language. Therefore, representation in the AIFC courts should be appropriate: lawyers dealing with cases must be fluent in English. As for the judicial proceedings in the AIFC, the judges are foreign experts in the field of a particular branch of law.
They should certainly have experience working in international courts.
All decisions made by the AIFC court are monitored and supported by the executive system in Kazakhstan. Lawyers from all over the world can also join to represent the interests of the parties. These are both lawyers and consulting lawyers who have the appropriate licenses. They have the right to register with the court's office to protect the interests of their clients in the AIFC court.
He is not subordinate to the judicial system of the Republic of Kazakhstan. In fact, this is the international commercial court of the AIFC.
In other words, disputes related to the direct activities of the Astana International Financial Center are mainly being considered.
This is usually true for small claims (where the amount involved is up to 150,000 US dollars).
They may seem unusual for the standard judicial system of Kazakhstan, because they are based on English law with a focus on finance. That is, the court proceedings in the AIFC are radically different from the rest.
The ability to file a claim electronically. In other words, applicants can be citizens of other countries living anywhere in the world. Moreover, their personal presence at the court hearing is optional.
As mentioned above, these are mainly financial and commercial disputes.
Among them are:
The AIFC Astana lawyers are engaged in international commercial arbitrations on a separate basis.
Generally speaking, the court mainly raises issues related to debt obligations, purchase and sale agreements, payments, land and labor law issues.
In order for the claim to be satisfied, it is necessary to resort to the help of professionals. They will help you draft a statement correctly, as well as take on representation in court. It is very difficult to sort out such cases on your own, especially for a layman who is not familiar with the international legal system. Nevertheless, the norms of English law differ significantly from Kazakh legislation, which may lead to confusion. But a dispute lawyer at the AIFC will certainly be able to figure everything out.
Firstly, only an experienced person with a law degree is familiar with English law and understands international judicial practice.
As a rule, this is an international lawyer or a specialist in arbitration procedures (depending on the subject of the future dispute).
Secondly, a layman will not be able to correctly file a claim and prepare all the necessary documents. Especially if we are talking about a person who has never dealt with courts and legal proceedings before. Any mistake can lead to losing the case and incurring financial costs.
The Law Consult Group law agency is what is needed for litigation in the AIFC. Experienced lawyers work here, offering their services in resolving conflicts both in court and in pre-trial.
To deal with issues related to the commercial law of the AIFC, it is necessary to seek the help of professional lawyers from the Law Consult Group.
