Application of the Principle of Going Concern towards the Business of Bankrupt Debtors
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...
Cross Border Insolvency in Indonesian Law
The development of the world economy, including in the Southeast Asian region and in member countries of the Association of Southeast Asian Nations (Asean), resulted in the decreasing boundaries between countries in carrying out economic activities. It facilitates...
#SIPSession: Solusi Penyelesaian Utang Melalui Mekanisme Kepailitan dan PKPU
Kepailitan dan PKPU (Penundaan Kewajiban Pembayaran Utang) hingga kini masih menjadi mimpi buruk bagi para pelaku usaha di Indonesia. Cukup dengan dua kreditor dan satu utang yang telah jatuh tempo dan dapat ditagih, tanpa adanya syarat minimal jumlah utang,...