What Is The Crime of Reckless Bankruptcy

Reckless bankruptcy, No. 162 of the Turkish Penal Code No. 5237. “the person who causes bankruptcy due to the lack of attention and care required to be a trader shall be punished with a prison sentence of two months to one year if the bankruptcy has been decided.”arranged in the form. As can be understood from here, we can define reckless bankruptcy as a result of the fact that the merchant does not show the attention and care required by the merchant’s quality. The crime of reckless bankruptcy is a free movement crime, and the free movement may have occurred due to the merchant’s lack of attention and care.

The actual crime of reckless bankruptcy is 162 of the TCK. in its article, it was expressed as causing bankruptcy due to the lack of attention and care required by being a trader. But since the law does not specify which cases will be considered reckless bankruptcy, the scope of application of the article has been expanded by using a general style of expression in the form of causing bankruptcy due to the lack of attention and attention required to be a trader. To give examples in terms of understanding;

If the muftis has lost a large amount of money in gambling or gambling or in the stock market
If the muftis fled by abandoning their work
If he did not keep commercial books or keep them as ordered by law
If his house costs too much
If he has signed bills containing more than he will receive with his presence
If he did not ask for bankruptcy, and he was bankrupt within 1 year after that, although he was required to ask for bankruptcy by notifying his helplessness.