LEGAL CONCEPTION OF SUSPENSION OF DEBT PAYMENT OBLIGATIONS THROUGH HOMOLOGATION

Maniah Maniah, Ramon Nofrial

Abstract


In deferring the obligation to pay debts through homologation, the reconciliation has been ratified and has permanent legal force through a ratification decision by the Commercial Court. The protection of the interests of the parties in deferring the obligation to pay debts through homologation is one way to prevent the debtor from going bankrupt, but the opportunity for proposals for a peace plan is disproportionate and has a favorable attitude or prioritizes unilateral interests, so that it is difficult to reach an agreement. , Auditor, Legal Consultant, Financial and Business Management Expert. It is necessary to explicitly include the essence and benchmarks of good faith in the peace agreement in the framework of postponing the obligation to pay debts. Then the holding of an insolvency test (test of the respondent's financial ability) before the trial of canceling the peace agreement within the framework of delaying debt payment obligations to find out whether the Debtor or Creditor has good faith or not, as well as to know the financial prospects of the Debtor and whether or not the Debtor is still able to carry out his obligations

References


Constitution of the Republic of Indonesia.

Code of Civil law.

Commercial Code

Law Number 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations.

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DOI: http://dx.doi.org/10.26532/pdih.v4i4.20817

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