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Efficiency and Transparency in Handling Bankruptcy and Postponement of Debt Payment Cases (Circular Letter of Supreme Court)  

by Leks Admin | Article, Bankruptcy Law

Background The Supreme Court of Indonesia issued the Circular Letter No. 2 of 2016 on Enchantment in Handling Bankruptcy and Postponement of Debt Payment Cases in Court (“Circular Letter No. 2/2016”). Despite the pros and cons among practitioners due to several new...

Public Prosecutor and Bank of Indonesia as Bankruptcy Applicant

by Leks Admin | Bankruptcy Law

Background There are various subject of Applicant in Bankruptcy based on Law Number 37 of 2004 on Bankruptcy and Moratorium Obligation the “Indonesian Bankruptcy Lawof Debt Payment. Article 2 of Indonesian Bankruptcy Law states that the request of bankruptcy...

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