Execution and Bankruptcy Crime – The Crime of Reducing the Existence of a Person Who has the Authority to Manage a Commercial Company with the Intention of Putting His Creditor at a Loss
Another of the issues of execution crimes is the crime of reducing its existence with the intention of harming its creditor. It is formed if those who have the authority to manage trading companies cause losses to creditors by not paying their debts with the intention of causing losses to creditors. However, if this action constitutes another crime, the suspect shall be punished as required by that crime.
In order for the crime of reducing its existence to occur with the intention of harming its creditor, it is necessary that the perpetrator’s act does not cause another crime. Again, in order for the crime of reducing its existence to occur with the intention of putting creditors at a loss, the creditor must suffer losses and the victim must complain.
Enforcement crimes are followed up on a complaint and the complaint must be made within three months and probably within a year from the day the crime is learned.
The court charged with the crime of reducing its existence with the intention of harming its creditor is the enforcement criminal court, the competent court in terms of these enforcement crimes is the court where the crime was committed.
You can read our articles and petition examples by clicking here.