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Reformulation of Regulation Concerning Share Ownership in Regional Development Banks by Regional Governments of Indonesia Nufitasari, Dien; Dewantara, Reka
Yuridika Vol. 36 No. 3 (2021): Volume 36 No 3 September 2021
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (345.788 KB) | DOI: 10.20473/ydk.v36i3.26551

Abstract

Regional development banks (BPDs) are a realisation of regional governments' commitment to carry out the objectives of the Banking Law to improve the area. BPDs have an important role in moving the regional economies, but regulatory obstacles arise when norms conflict in terms of regulating share ownership by regions. Therefore, synchronisation is needed to realise legal certainty. This article aims to suggest reformulations to the regulation of share ownership of BPDs to give legal certainty. The article adopts a normative juridical law research method with statutory, conceptual and analytical approaches. The results of the study indicate there are inconsistencies in the provisions governing the share ownership of BPDs. There are juridical implications for the emergence of rights, obligations and legal relations due to inconsistent arrangements. Regulatory reformulation of BPD share ownership by regional governments should be carried out by adopting the concept of norms, resulting in consistent regulation.
THE ROLE OF JUDGES IN ADJUDICATING DEFAULT CASES CONTAINING ELEMENTS OF ABUSE OF CIRCUMSTANCES IN THE BANKING SECTOR Wandita Pramesthi; Reka Dewantara; Yenny Eta Widyanti
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 5 No. 3 (2025)
Publisher : CV. RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v5i3.2867

Abstract

In the Indonesian civil law system, the role of judges is crucial in adjudicating cases involving contractual legal relationships, particularly in banking default cases. Injustice often arises from the abuse of circumstances, where debtors who are in a weak position are often victims of adverse bank policies. Additionally, high interest rates and oppressive contractual clauses pose significant challenges for judges. This research shows that disparities exist in court decisions on abuse of circumstances, creating legal uncertainty. Using a normative juridical approach, this research examines the need for clear legal guidelines from the Supreme Court to establish uniformity in the handling of default cases. Stronger regulations are expected to ensure that judges make more judicious decisions and uphold justice for all parties. This research emphasises the importance of applying the principle of fairness in contracts, so that freedom of contract does not neglect the rights of weaker parties.
EXPLORING LEGAL CHALLENGES IN MURABAHAH FINANCING: A JURIDICAL ANALYSIS OF WANPRESTASI DISPUTES IN CONSUMER LOANS Fahri Gunawan Siagian; Reka Dewantara; Natsir Asnawi
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 5 No. 4 (2025)
Publisher : CV. RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v5i4.3474

Abstract

This study examines the wanprestasi dispute between PT. Bank Syariah Indonesia, Tbk and a debtor concerning a murabahah financing agreement. The Makassar Religious Court's decision upheld the enforceability of the murabahah contract and collateral under Hak Tanggungan but dismissed the debtor’s financial hardship claim due to the COVID-19 pandemic. The study highlights gaps in debtor protection and the need for clearer procedural guidelines on collateral execution, proposing improvements for aligning Sharia principles with practical dispute resolution in Indonesia’s growing sharia finance sector.
LEGAL IMPLICATIONS OF REGULATIONS CONCERNING LEGAL LIABILITY OF DIRECTORS OF STATE-OWNED ENTERPRISES FOLLOWING THE THIRD AMENDMENT TO LAW NUMBER 19 OF 2003 CONCERNING STATE-OWNED ENTERPRISES Shafira Sheffy R. R; Reka Dewantara; Amelia Sri Kusuma Dewi
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 5 No. 6 (2025)
Publisher : CV. RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v5i6.4297

Abstract

The third amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (SOEs) is a response to the need to strengthen state corporate governance and increase the effectiveness of SOEs' role in the national economy. However, this regulatory change also has legal implications for the construction of the legal accountability of SOE directors, particularly in their position as state corporate organs that carry out fiduciary duties but still face the regime of state financial law and criminal law. This study aims to analyse how these regulatory changes affect the limits of directors' responsibility in making business decisions, as well as assess the relevance of applying the business judgment rule principle as an instrument of legal protection for directors. The research method used is normative juridical with a statutory approach, a conceptual approach, and a case approach. The results show that although the legal changes provide reinforcement to the principles of professionalism and independence of directors, there is still a disharmony of norms between the corporate legal regime and the state administrative law regime and criminal law, particularly regarding the interpretation of the element of "state loss" in corruption crimes. This condition has the potential to create legal uncertainty and over-criminalization of directors' business decisions made in good faith. Therefore, a reconstruction of the legal framework governing SOE directors’ accountability is required through legislative harmonization and law enforcement guidelines that consistently position SOEs as private legal entities in their business activities.
LEGAL PROTECTION FOR BANKS AGAINST NON-CERTIFIED LAND COLLATERAL Dina Mardiana; Yenny Eta Widyanti; Reka Dewantara
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 5 No. 6 (2025)
Publisher : CV. RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v5i6.4963

Abstract

This study examines legal protection for banks in facing bad loans with non-certificate land as collateral, particularly in the context of distributing Working Capital Credit (KMK) to MSMEs. In banking practice, non-certificate land such as girik, petok D, or segel is still widely used as collateral even though it does not meet the formal requirements as an object of Mortgage Rights as regulated in Law Number 4 of 1996. This condition creates vulnerability for banks as creditors, because non-certificate land documents only function as proof of control, not proof of rights, so they do not have executorial power. This study uses a normative juridical method with a statutory and conceptual approach to examine the gap between positive law and banking practice. The results show that preventive legal protection for banks is reflected in the provisions on collateral assessment, the bank's obligation to apply the principle of prudence, and the bank's internal regulations regarding credit risk mitigation. Repressive legal protection is realized through legal remedies that can be taken if the debtor defaults, including through simple lawsuits, risk transfer through debt acknowledgment agreements, and civil execution based on debt-receivable relationships. This study also formulates a conceptualization of dispute resolution that includes mediation, credit restructuring, and litigation as a last resort. The results of this study confirm that the use of non-certificate collateral requires strengthened regulations and harmonization between agrarian and banking law to ensure legal certainty and protection for creditors.
Co-Authors Abdul Rachmad Budiono Agatha, Bimarceline Airin Liemanto Amelia Sri Kusuma Dewi, Amelia Amimakmur, Satria Amiputra Anestu Cahayoni Rahayu, Anestu Cahayoni Annisa, Yusifa Nur Ayu, Tirsa Berliana, Dina Budi Santoso Devi Atikawati Diah Aju Isnuwardhani Dien Nufitasari Dien Nufitasari Dina Mardiana Djajadikerta, Hadrian Geri Dyah Aju Wisnuwardhani Erma Defiana Putriyanti Fadli, Moh. Fahri Gunawan Siagian Fahrul Ramadan Faizin Sulistio Fines Fatimah Hanif Nur Widhiyanti Hutahayan, Benny I Gusti Ngurah Parikesit, I Gusti Ngurah Ikaningtyas Ikaningtyas Jauharoh, Arini Junaidi, Muchammad Aqib M. Sudirman Mahandhani Wahyu Ibrahim Mardiana, Yusni Fitri Meidiana Indah Lestari Mohamad Fajri Mekka Putra Muhammad Alfan Thoriq Muhammad Fajaruddin Shiroth Mukhamad Khabib Risvian Mutiarawati, Intan Nadya Rizki Emeralda Naif, Hendry Tholabah Ilman Nanin Koeswidi Astuti, Nanin Koeswidi Natsir Asnawi Nufitasari, Dien Nugroho, Hayyu Rahmanda Adi Nur Chanifah Nurfitriyani Nurfitriyani Nurul Ula Ulya Nurul Ula Ulya Pandansari, Rekyan Putri, Cyndiarnis Cahyaning Rachmat, Sigit Nur Ranitya Ganindha raodiah Rekyan Pandansari Rika Kurniaty Rumi Suwardiyati Santoso, Ike Cyntia Putri Septianes Nora Kartika Setiawan Wicaksono, Setiawan Shafira Sheffy R. R Shinta Hadiyantina Sihabuddin Sihabudin Sihabudin Sihabudin Sihabudin Sihabudin Sihabudin, Sihabudin Siti Hamidah Sitorus, Hany Ayunda Mernisi Sukarmi Sukarmi Sukarmi Sukarmi Sukarmi Sukarmi, Sukarmi Sukarmi, Sukarmi Syafi’i, R. Imam Rahmat Tanti Rachmawati Tobing, Dwinoven Lumban Tumanggor, Manumpan S. Wandita Pramesthi Widhiawati, Dyah Wisnuwardhani, Diah Aju Yenny Eta Widyanti Yuniar, Lisa Mega Zora Febriena Dwithia Hidayat Putri