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Journal : Golden Ratio of Data in Summary

Legal Analysis of The Auction Process in The Fiduciary Guarantee Execution System Habibie, Muhammad; Nugraha, Rais Rahmat; Rangkoly, Mavelda Regina; Maskanah, Ummi
Golden Ratio of Data in Summary Vol. 5 No. 1 (2025): November - January
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grdis.v5i1.938

Abstract

The auction process in the fiduciary guarantee execution system is integral to resolving debt-debt disputes involving movable goods collateral. This research aims to analyze the legal aspects related to implementing auctions in the execution of fiduciary guarantees, which refers to the provisions of Law No. 42/1999 on Fiduciary Guarantees. The main focus of this research is to examine the auction procedure, the rights and obligations of the parties involved, and potential disputes that may arise during the process. In addition, this study evaluates the applicability of precautionary principles and the protection of debtor rights in executing auctions. The analysis results show that although the law has regulated the execution of fiduciary guarantees in detail, some challenges remain, such as unclear auction procedures and potential abuse of authority by creditors. Therefore, this study recommends stricter law enforcement and strengthening supervisory mechanisms in the auction process to protect debtors' rights and achieve justice.
Legal Analysis of The Auction Process in The Fiduciary Guarantee Execution System Habibie, Muhammad; Nugraha, Rais Rahmat; Rangkoly, Mavelda Regina; Maskanah, Ummi
Golden Ratio of Data in Summary Vol. 5 No. 1 (2025): November - January
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grdis.v5i1.938

Abstract

The auction process in the fiduciary guarantee execution system is integral to resolving debt-debt disputes involving movable goods collateral. This research aims to analyze the legal aspects related to implementing auctions in the execution of fiduciary guarantees, which refers to the provisions of Law No. 42/1999 on Fiduciary Guarantees. The main focus of this research is to examine the auction procedure, the rights and obligations of the parties involved, and potential disputes that may arise during the process. In addition, this study evaluates the applicability of precautionary principles and the protection of debtor rights in executing auctions. The analysis results show that although the law has regulated the execution of fiduciary guarantees in detail, some challenges remain, such as unclear auction procedures and potential abuse of authority by creditors. Therefore, this study recommends stricter law enforcement and strengthening supervisory mechanisms in the auction process to protect debtors' rights and achieve justice.
Co-Authors Abdul Azis Abidarda, Yulizar Agus, Rahmadi Ahmad MAULANA Ahmat Fauzi Alfitri Amri, Syahputra Anam, Mochammad Musafa'ul Andini, Reni Anggraini, Dwi Pertiwi Anggriani, Dwi Pertiwi Anindya, Desy Anindya, Desy Astrid Apriani , Herlina Astrid Anindya, Desy Aulia, Nawal Azzahro, Firyal Nurul Haifa Cai Cen, Cia Chandra, Andriana Alnazhira Dadang Prayoga, Hegen DENI SETIAWAN Dewi, Ananda Fitriana Dewi, Ananda Fitriani Dolok Saribu, Alfriado Leonard Noprian Dwi Anggraini Endang Rini Sukamti Fadillah, Tri Fadillah, Tri Dessy Fahreza, Akmal Fahrullah, Fatimatuzzahra, Siti Nor Amanda Fitrian, Zanzabil Adwa Fitrianto , Ari Tri Fitrianto, Ari Tri Fonna, Syarizal Gunawan, Ripin HANDAYANI, TINA MUHARDIKA Hasan, Muttaqin Hasbiana Dalimunthe Hj. Ummi Maskanah Juliana, Ega Juliansyah, Roni Karuto Kasanrawali, Andi Keterina, Lolo Violenta Khozin, Mohammad Nur Lamus, Rosindiani Liswanty, Ina Mahfuz Miftahul Jannah Muhammad Irfan Muhammad Lutfi Munawaroh, Wilda Sri Mursyid Nasution, Shabrina Tri Asti Nasution, Sri Wanti natasha, Syarifah fadillah Nazli, Putri Nugraha, Rais Rahmat Nurhusna, Salsa Pakpahan, Dewi Panggabean, Amanda Permai, Putri Indah Pratama, Su Novianti Suci Pratami, Arifa Pratiwi, Cyntia Pratiwi, Endang Prayoga, Hegen Dadang Priambudi, Muhammad Amin Purba, Rophita Sonia Purnama Sari, Dian Purnamasari, Eka Rangkoly, Mavelda Regina Retno Farhana Nurulita Riadi Riadi, Riadi Ricky Alfredo Silaban Risal, Taufiq Rizky, Oddie Barnanda Rony, Rony Safira, Arlinda Safitri, Berliana Desta Sagala, Indah Cahya Samsul Hadi Sari, Anggraini Sari, Okta Mutia Sembiring, Erika Sembiring, Erika Apulina Setiawan, Moh Rizqi Setioko, Muhammad Danang Sianto, Moh. Ifkhal Simatupang, Jumeida Siti Aisyah Situmorang, Lilis Farida Stevani, Lusan Susanto, Jonson SYAHBAN, ARHAM Tambunan, Sari Bulan Tomoliyus Vina Winda Sari Wardhani, Irine Ika Wirayudo, Haykal FIkram Wulandari, Bayu Yanti, Aprili Yuliana Sattu