Referring to Article 1457 of the Civil Code, buying and selling is an agreement in which one party binds himself to deliver an item and the other party pays the promised price. What is meant by price is a valid means of payment in the form of a sum of money, while...
The establishment of the State Administrative Court (PTUN) is an effort by Indonesia to uphold the values of justice, legal certainty and Human Rights (HAM). PTUN is the latest tribunal in Indonesia following the issuance of Law Number 5 of 1986 on State...
The capital market industry is developing very rapidly and has an important role for the business world and the development of the country's economy. The capital market is now known as a profitable place to invest, both in the short and long term. People who make...
The increasing investment climate has facilitated the growth of start-up companies, including information technology-based ones, in Indonesia. At present, the Indonesian government not only facilitates domestic information technology-based startups, but also foreign...
Most law firms in Indonesia rely on the founders to sustain the business. It s not uncommon that a law firm closes its operation after its founder retires or passes away. Such condition is undesirable, especially if the law firm has brought positive impacts to the...
Law Number 37 of 2004 on the Bankruptcy and Delay of Debt Payment Obligations (PKPU) carries a principle called "going concern". This term is commonly used in the field of accounting related to the financial statements of a company (entity) made by public...
Law Number 11 of 1967 concerning Basic Mining Provisions states that every entrepreneur who will carry out mining activities must have a Mining Power of Attorney (KP). The provision of KP is based on the classification of excavated materials. There are three kinds of...
People cannot be separated from the elements of Intellectual Property Rights (IPR) in everyday life. From waking up in the morning to going to bed at night, humans always intersect with IPR. IPR basically provides legal protection for business actors to prevent their...
The price of cooking oil has been rising dramatically. The price increase has started seen since October 2021. Simultaneously, producers unanimously increase prices under the pretext of adjusting to the price of crude palm oil (CPO) in the global market. As a result,...
Rapid economic development in Indonesia has given birth to a number of technology companies developing new innovations with a fairly high level of productivity and growth. These companies, often known as New Economy companies, require continuous capital needs in the...