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Balance and Justice in Bankruptcy Law by sanushinde9001 is a document available to read on EtoBox.
What is Balance and Justice in Bankruptcy Law about?
The document discusses the misuse of the suspension of payment mechanism under Law Number 37 of 2004 in Indonesia, particularly by debtors acting in bad faith to delay debt obligations. It highlights the application of the principles of balance and justice in judicial decisions regarding such cases, revealing that these principles are often not upheld, leading to legal uncertainty and injustice. The authors propose measures for creditors to combat these abuses, including terminating suspension applications
- Author
- sanushinde9001
- Language
- EN