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Article 196: Deliberate bankruptcy

📅 Updated: 01.10.2026

1. Deliberate bankruptcy, i.e. the commission of acts (inactions) that are known to involve the inability of a legal person or a citizen, including an individual entrepreneur, to the full to satisfy creditors ' claims for monetary obligations and (or) to fulfil the obligation to pay mandatory payments if these acts (inaction) have caused large-scale damage, shall be punished. in the amount of between 200,000 and 500,000 rubles, or in the amount of the convicted person ' s salary or other income for a period of between one and three years, or by forced labour for a period of up to five years and years or up to six years ' imprisonment with a fine of up to 200,000 rubles or a salary or other income of the convicted person for a period of up to eighteen months or without 2. The same act committed by: (a) a person using his or her official position or controlling the debtor, or by the head of that controlling person; (b) a group of persons in advance Reciprocity or organized group — punishable by a fine of between 3 million and 5 million roubles or by the wages or other income of the convicted person for the period from one to the next. of up to three years or up to seven years ' imprisonment, with a fine of up to five million roubles, or in the amount of wages or other income of the convicted person for a period of up to five years or without and with or without deprivation of the right to hold certain positions or engage in certain activities for a period of up to three years.