Bankruptcy by Negligence - Katahasanzai

Japanese: 過怠破産罪 - カタイハサンザイ
Bankruptcy by Negligence - Katahasanzai
This is an act by a debtor that causes disadvantage and inequality to creditors by squandering or drastically reducing their assets, and is stipulated in Article 375 of the Bankruptcy Law. The crime is established by the decision to commence bankruptcy proceedings (the finalization of the bankruptcy adjudication under the old law).

Source: About Shogakukan Digital Daijisen Information | Legend

Japanese:
債務者が財産を浪費したり、はなはだしく減少させたりして、債権者に不利益・不平等をもたらす行為で、破産法第375条に規定されているもの。破産手続開始の決定(旧法の破産宣告の確定)によりその罪が成立する。

出典 小学館デジタル大辞泉について 情報 | 凡例

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