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Research paper thumbnail of Implementation of the Provisions of Laws and Regulations Concerning Bankruptcy in the PT Istaka Karya Case

Bankruptcy according to Article 1 point 1 of the Bankruptcy Law No. 37 of 2004 is a general confi... more Bankruptcy according to Article 1 point 1 of the Bankruptcy Law No. 37 of 2004 is a general confiscation of all the assets of the Bankrupt Debtor which management and settlement are carried out by the Curator under the supervision of the Supervisory Judge as stipulated in this Law. The Bankruptcy and PKPU Laws have a wider reach both in terms of norms, scope of material, and the process of settling debts. This wider reach is necessary due to the emergence of legal developments and needs in society.

Research paper thumbnail of Implementation of the Provisions of Laws and Regulations Concerning Bankruptcy in the PT Istaka Karya Case

Bankruptcy according to Article 1 point 1 of the Bankruptcy Law No. 37 of 2004 is a general confi... more Bankruptcy according to Article 1 point 1 of the Bankruptcy Law No. 37 of 2004 is a general confiscation of all the assets of the Bankrupt Debtor which management and settlement are carried out by the Curator under the supervision of the Supervisory Judge as stipulated in this Law. The Bankruptcy and PKPU Laws have a wider reach both in terms of norms, scope of material, and the process of settling debts. This wider reach is necessary due to the emergence of legal developments and needs in society.

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