The so-called serious circumstances refer to the following situations: (1) The person subjected to execution conceals, transfers, intentionally damages or transfers the property for free, or transfers the property at an obviously unreasonable low price, which makes the judgment or ruling impossible to execute;
(2) The guarantor or the person subjected to execution conceals, transfers, intentionally damages or transfers the property that has provided a guarantee to the people's court, so that the judgment or ruling cannot be executed;
(3) The obligor for assisting in execution refuses to assist in execution after receiving the notice from the people's court for assisting in execution, which makes the judgment or ruling unenforceable;
(4) The person subjected to execution, the guarantor or the obligor assisting in execution colluded with the functionaries of state organs to obstruct the execution by taking advantage of their functions and powers, so that the judgment or ruling could not be executed;
(five) other circumstances in which the ability to execute is refused, and the circumstances are serious.
Or if the borrower fabricates false reasons such as introducing funds and projects for the purpose of illegal possession, uses false economic contracts, false documents and false certificates of property rights as guarantees, repeatedly guarantees more than the value of collateral, or defrauds bank loans in other ways, the large amount will also constitute a crime and constitute the crime of loan fraud, and at this time, he will be imprisoned.
legal ground
Article 313 of the Criminal Law stipulates that whoever refuses to execute the judgment or ruling of the people's court, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.