Bankruptcy Law
Learning Objectives
Students are expected to know and understand the Law of Bankruptcy and are able to explain the basic ratios of bankruptcy law and its relationship with other laws enforced in Indonesia. Student are also provided with understanding of legal issues relating to the birth of the regulation on bankruptcy, and understanding of public policy relating to bankruptcy.
Topics
- History of Bankruptcy Law and Bankruptcy Law Reform in Indonesia
- Source of bankruptcy law in Indonesia; Regulations of Bankruptcy in Indonesia
- Bankruptcy arrangement in the Law of Limited Liability Company (Perseroan Terbatas), Bankruptcy Law function
- purpose of Bankruptcy Law, Bankruptcy Law Asaa principles
- Application for Bankruptcy
- Party involved in the process bankruptcy
- Judiciary Yurisdiction
- Definition of Debt
- Suspension of obligatory Debt Payment (PKPU)
- Settlement under PKPU
- Due Bankrupt statement (announcement in the State news, Matching Debt, debt and compensation)
- Bankruptcy Case Remedies
- Enforced Agency
- Responsibility after declared bankrupt
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