Research Article
Implementation of Paritas Creditarium Parity in Bankruptcy Court Decisions of PT. Istaka Karya
@INPROCEEDINGS{10.4108/eai.6-5-2023.2333455, author={Muhammad Zahlan and Megawati Barthos}, title={Implementation of Paritas Creditarium Parity in Bankruptcy Court Decisions of PT. Istaka Karya}, proceedings={Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2023}, month={7}, keywords={parity crediterium bankruptcy implementation}, doi={10.4108/eai.6-5-2023.2333455} }- Muhammad Zahlan
Megawati Barthos
Year: 2023
Implementation of Paritas Creditarium Parity in Bankruptcy Court Decisions of PT. Istaka Karya
ICLSSEE
EAI
DOI: 10.4108/eai.6-5-2023.2333455
Abstract
The legitimate means for the repayment of obligations and receivables is the Law. No. 37 of 2004 concerning Insolvency and Suspension of Commitments for Installment of Obligation, abridged as chapter 11 regulation and PKPU. The insolvency and PKPU regulations contain the primary standards of obligation settlement, one of which is the guideline of creditorium equality (equivalent place of lenders). How is the use of Equality Creditarium in the liquidation choice of PT? Istaka Karya that is fair? The examination is standardizing legitimate exploration, with a case and legal methodology. The idea of the assessment utilized is elucidating which gives an outline of the lawful contemplations and the adjudicator's choice on the Insolvency Instance of PT. Istaka Karya. The aftereffects of this study demonstrate that in the liquidation choice of PT. Istaka Karya applies the guideline of Creditarium Equality, to be specific uniformity between simultaneous banks and Rebel leasers. Rebel is paid through resource settlement while the simultaneousness is paid through assortment of PT. Istaka Karya. The settlement of the PT. Istaka Karya's insolvency case is by liquidation regulations and PKPU, and the rule of Equality Creditarium can limit clashes between loan bosses.
