Journal of Social Science
Vol. 2 No. 2 (2021): Journal of Social Science

Liability in BUMDes Bankcruptcy

Kustiono Kastaji (Hang Tuah University, Surabaya, Indonesia)

Article Info

Publish Date
25 Mar 2021

Abstract

This research uses judicial normative research methodology since the research is aimed to evaluate the regulations found in the formal rules and regulations related to the BUM Desa or village-owned company and the company bankruptcy, namely Regulations Number 6 year 2014 regarding the Village and Regulations Number 37 year 2004 regarding Bankruptcy and the Deferal of Obligation Payment Code and connect with responsibility of village head. The research conclusions show that: firstly, BUM Desa is initially a business entity without having the status as a legal entity, but during its development, it might have the status of a legal entity. Secondly, Supervisors can be responsible for bankruptcy of BUMDes if it is proven that their fault has caused BUMDes to go Bankruptcy.

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Journal Info
Journal of Social Science
Website

Abbrev

jsss

Publisher

Ridwan Institute

Subject

Chemistry Environmental Science Immunology & microbiology Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Physics Social Sciences

Description

The Journal of Social Science is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published bimonthly once by Ridwan Institute The Journal of Social Science provides a means for sustained discussion of relevant issues that fall within the ...