Some relevant issues public administration in the field of insolvency (bankruptcy) of legal entities and individuals in the Russian Federation

Within the framework of this research work, some topical issues in the field of insolvency (bankruptcy) were considered, in particular, issues of public administration and legal regulation, and some tools for improving the institute of insolvency (bankruptcy) were proposed for consideration. The relevance of the research topic is predetermined by the essential importance of the institution of insolvency (bankruptcy) within the framework of the concept of any rapidly developing modern state, which is characterized by the presence of an exhaustive set of financial and economic instruments. So, in the scientific article, the authors analyze some aspects of the state legal regulation of the institution of insolvency (bankruptcy), make a comparison between the theoretical and practical sides of the above issue. It is concluded that the tightening of punishment of arbitration (financial) managers for committing administrative offenses during the bankruptcy procedure is a stable and necessary trend in the development of administrative legislation. But at the same time it is also necessary to proceed from the principles of expediency and proportionality of guilt and punishment.