Mechanisms of increasing the rules’ effectiveness on a liability for criminal bankruptcy

The paper examines the issue of inconsistency between the Bankruptcy Law and criminal legislation. Mixing the definitions and concepts of “signs of bankruptcy” with “insolvency”, “insufficiency of property”, “inability of creditors’ claims satisfaction” leads to difficulties with the qualification of crimes according with the Article 195 and the Article 196 of the Criminal Code of the Russian Federation. Such an inconsistency in terminology makes it of particular difficult for understanding the term “signs of bankruptcy” forming the criminal act under the Article 195 of the Criminal Code of the Russian Federation. Therefore, the absence in special legislation of the descripting signs, used in describing the rule on liability for criminal bankruptcy, excludes its application in a certain number of cases.