Jurnal Ilmu Hukum KYADIREN
Vol 6 No 2 (2025): Jurnal Ilmu Hukum Kyadiren

The Urgency of Implementing the Insolvency Test in Bankruptcy Cases in Indonesia

Lembang , Nisrawanty (Unknown)
Anwar, Iryana (Unknown)



Article Info

Publish Date
17 Dec 2024

Abstract

The process of resolving bankruptcy cases in Indonesia, which only determines two simple requirements for debtors to be declared bankrupt as stipulated in the provisions of Article 2 paragraph (1) of Law No. 37 of 2004, has resulted in many cases of debtors still in a solvent state but declared bankrupt. This research focuses on the urgency of applying the insolvency test to bankruptcy cases in Indonesia, with the aim of knowing how the urgency of applying the insolvency test in Indonesia, and also knowing how judges apply the concept of the insolvency test even though the insolvency test has not been regulated in the bankruptcy provisions in Indonesia. Normative research using a conceptual approach, and a case approach results in a conclusion that the bankruptcy of a debtor who is still solvent is something that is not in accordance with the principles of bankruptcy. Therefore, it is necessary to have an insolvency test instrument to assess the solvency of the debtor. In addition, this research also found several cases where the panel of judges applied the concept of insolvency test in considering the case being handled.

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Journal Info

Abbrev

kyadiren

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Jurnal Hukum Kyadiren menerima manuskrip dengan topik-topik terkait masalah hukum di indonesia dan mancanegara secara umum. Artikel-artikel yang dikirim mencakup permasalahan seputar hukum perdata (Civil Law), hukum pidana(Criminal Law), hukum acara perdata (Civil Procedural Law), Hukum acara pidana ...