Matter
53 Claimants v. (1) Victory Kaz Energy LLP and (2) Balgabaev Murat Sarsenbaevich (AIFC Court AIFC-C/CFI/2026/0023)
- 2 July 2026Kazakhstan
2 July 2026Kazakhstan
Judgment of the AIFC Court in case AIFC-C/CFI/2026/0023 dated 2 July 2026
AIFC Court
- Decision summary
- The AIFC Court granted the application to recognize and enforce the arbitral award. It ordered Victory Kaz Energy LLP and Balgabaev Murat Sarsenbaevich to pay jointly and severally the outstanding debt, legal costs, arbitrator’s fees, and part of the recovered penalty, and directed recovered amounts to the iKapitalist investment platform administrator for distribution among investors under the relevant agreements and investor register.
Supporting details
5 participants53 Claimants
Victory Kaz Energy LLP
Balgabaev Murat Sarsenbaevich
AIFC Court
Other
- Institutional administrator
- iKapitalist investment platform administrator
- Date not availableArbitration
Date not availableArbitration
Arbitral Award issued by the International Arbitration Centre
International Arbitration Centre
Supporting details
3 participants53 Claimants
Victory Kaz Energy LLP
Balgabaev Murat Sarsenbaevich
International Arbitration Centre