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All Journal The Digest: Journal of Jurisprudence and legisprudence
Priska Maulidina Ayu Ananta
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Law, Crime, Criminology & Criminal Justice

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Unraveling Bankruptcy: A Detailed Analysis of the PT Pazia Retailindo Case Priska Maulidina Ayu Ananta
The Digest: Journal of Jurisprudence and Legisprudence Vol. 5 No. 2 (2024): The Digest, December 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/digest.v5i2.19044

Abstract

Decision Number 44/Pdt.Sus-Pailit/2020/PN Niaga Jkt.Pst. discusses the bankruptcy process of PT Pazia Retailindo, initiated by two petitioners, PT Dana Kaya and Ambar Bawono. This study aims to identify the legal relationships among the parties involved and analyze the evidence submitted to support the bankruptcy petition. The method used is normative legal writing, focusing on the provisions of Law Number 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations. The analysis shows that all requirements for the bankruptcy petition have been met, including the existence of more than one creditor, debts that have fallen due, and facts that can be proven simply. The judge decided to grant the bankruptcy petition, appointing a curator to manage the debtor's assets, and emphasized the importance of simple evidence in the bankruptcy legal process. This decision underscores the protection of creditor rights and fairness in the management of bankruptcy assets, reflecting the implications of the debtor's failure to fulfill its obligations.
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