Matter
Yelubay Aibek v Riakhanova Saltanat Tursunkanovna and Riakhanov Shyngys Nurtasovich (AIFC Case No. AIFC-C/CFI/2026/0045; IAC Arbitration Case No. 44/2026)
Arbitration between Yelubay Aibek and two respondents led to an AIFC Court order enforcing an IAC award for debt, penalties, expenses, and fees in Kazakhstan.
Procedural record
- 23 July 2026Arbitration
23 July 2026Arbitration
IAC Arbitration Award in Case No. 44/2026 dated 23 July 2026
International Arbitration Centre of Kazakhstan
- Award no.
- 44/2026
- Decision summary
- The award required Riakhanova Saltanat Tursunkanovna and Riakhanov Shyngys Nurtasovich to pay Yelubay Aibek the principal debt and remuneration, compensation for foreign exchange risk, penalties and fines, legal consultancy expenses, and the arbitrator's fee.
Participants
Yelubay Aibek
Riakhanova Saltanat Tursunkanovna
Riakhanov Shyngys Nurtasovich
International Arbitration Centre of Kazakhstan
- Arbitrator
- Snezhana Kutsenko
1 month and 12 days later · 43 days
- 4 September 2026Kazakhstan
4 September 2026Kazakhstan
Judgment and Order of the Court of First Instance of the Astana International Financial Centre in case AIFC-C/CFI/2026/0045 dated 4 September 2026
Court of First Instance of the Astana International Financial Centre
- Decision summary
- The Court of First Instance of the Astana International Financial Centre ordered Riakhanova Saltanat Tursunkanovna and Riakhanov Shyngys Nurtasovich to pay the amounts awarded to Yelubay Aibek and allowed them 14 days to apply to set aside the order.
Participants
- Application
- Claim Form seeking recognition and enforcement of the IAC Arbitration Award in Case No. 44/2026 — Granted
Yelubay Aibek
- Representative
- Daniyar Niyazgulov (For: Yelubay Aibek)
Riakhanova Saltanat Tursunkanovna
Riakhanov Shyngys Nurtasovich
Court of First Instance of the Astana International Financial Centre
- Judge
- The Rt Hon. The Lord Burnett of Maldon KG PC DL