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Hesty Diyah Lestari
Graduate Program, Faculty of Law Universitas Muhammadiyah Jakarta Jalan K.H. Ahmad Dahlan, Cirendeu, Ciputat, Jakarta Selatan 15419
Law, Crime, Criminology & Criminal Justice

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CREDITOR PROTECTION WITHIN CORPORATE GROUP INSOLVENCY Hesty Diyah Lestari
Mimbar Hukum - Fakultas Hukum Universitas Gadjah Mada Vol 25, No 1 (2013)
Publisher : Fakultas Hukum Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (447.825 KB) | DOI: 10.22146/jmh.16104

Abstract

Creditors of corporations in corporate groups are in a vulnerable position when the corporations become insolvent. The application of separate entity and limited liability principles makes the liability of the parent company for the debts of its subsidiary is limited to the amount of its shareholding in the subsidiary, even though in the commercial reality corporate groups are design for the interests of the group as a whole. The existing law in Indonesia has not provided adequate safeguards to creditors’ interests. Kreditor perseroan pada perusahaan grup berada pada posisi yang rentan apabila perseroan menjadi pailit. Penerapan prinsip badan tersendiri dan tanggung jawab terbatas menjadikan tanggung jawab induk perusahaan pada utang anak perusahaannya dibatasi sejumlah kepemilikan sahamnya pada anak perusahaan, meskipun pada kenyataannya perusahaan grup didesain untuk kepentingan grup secara keseluruhan. Hukum yang berlaku di Indonesia saat ini belum memberikan perlindungan yang memadai bagi kepentingan para kreditor.
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