Enforcement And Bankruptcy Crime 18

Enforcement And Bankruptcy Crime 18

Enforcement and Bankruptcy Offense – Withdrawing from Bidding to Gain Advantage

In the offense of withdrawing from bidding to gain advantage, anyone who does not participate in bidding or withdraws from bidding later in exchange for an advantage or promise of advantage provided to themselves or others in auctions shall be punished. In addition, intermediaries who contribute to this offense by acting as intermediaries in auctions shall also be punished in accordance with the same provision of the law.

For the crime of withdrawal from bidding to gain an advantage to be established, there must be an auction conducted by the enforcement directorate, and it is necessary for the defendant to have been provided with an advantage or a promise of an advantage in exchange for not participating in the auction or withdrawing from it.

Prosecution of the crime is dependent on a complaint; a complaint must be filed by the creditor, debtor, or relevant third parties.

The competent court for these enforcement crimes is the Enforcement Criminal Court, and these cases cannot be combined with criminal cases heard in other courts. The court with jurisdiction over the crime is the court to which the enforcement office conducting the enforcement proceedings is affiliated.