Legal Protection for the Creditor In the Debtors owned Assets Sales Experienced Bankruptcy According to the Bankruptcy Law Indonesia

Hendrawan, Daniel (2018) Legal Protection for the Creditor In the Debtors owned Assets Sales Experienced Bankruptcy According to the Bankruptcy Law Indonesia. In: 2nd International Conference on Innovative Research in Management, Social Sciences, Economics and Information Technology, December 24-25, 2018, Bali.

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Abstract

In the process of a business, entrepreneurs can experience failure. This risk of failure can occur in the event of a business that is not as smooth as expected. Failure in high-risk business or investment activities is when you are unable to pay debts. The inability to pay this debt can cause entrepreneurs as debtors to be filed for bankruptcy by creditors. In the event of bankruptcy, creditors are eager that debts be paid by the debtor. One of the things that can pay debts from creditors to debtors is the debtor's remaining assets. The remaining debtor assets can be used as a reference for creditors to calm down because the debt can be paid. Law of the Republic of Indonesia No. 37 of 2004 concerning Bankruptcy provides legal protection for creditors, namely the existence of the actio paulina principle. Under this principle, the debtor cannot sell his assets carelessly. Sales made without the permission of the curator may result in the sale being canceled by the creditor through the actio pauliana principle.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: bankruptcy, investment, actio pauliana
Subjects: K Law > K Law (General)
Depositing User: Perpustakaan Maranatha
Date Deposited: 18 Mar 2021 08:39
Last Modified: 18 Mar 2021 08:39
URI: http://repository.maranatha.edu/id/eprint/27533

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