Unram Law Review
Vol 9 No 2 (2025): Unram Law Review (ULREV)

Penyelesaian Permohonan Pailit Melalui Instrumen Insolvency Test Sebagai Perlindungan Hukum Bagi Pihak Terkait Dalam Kepailitan

Muhammad Dito Zakharia (Unknown)
Ahmad Syaifudin (Unknown)
Benny Krestian Heriawanto (Unknown)



Article Info

Publish Date
14 Oct 2025

Abstract

Indonesian law has undergone several revisions. Still, with the various revisions, according to the author, it has not provided maximum legal protection and legal certainty to the parties involve in bankruptcy law itself, on the other hand, the Indonesian bankruptcy law regulation is more likely to favor the interests of creditors, can prove this that the bankruptcy law regulation in Indonesia does not require a minimum amount of receivables and does not regulate insolvency requirements. Regarding the lack of regulation of insolvency requirements in bankruptcy applications, this harms debtors who are still solvent as they can be filed for bankruptcy. There is a need for an insolvency test to determine whether the debtor is solvent or insolvent. With the implementation of the insolvency test the bankruptcy legal regime is appropriate because, under it only debtors who are genuinely unable to pay debts can be terminated by bankruptcy given the principle of insolvency. Therefore, implementing the insolvency test in bankruptcy law in Indonesian will provide legal certainty for debtors and protection to solvent debtors. In conducting this legal research, a normative juridical methodology was employed, drawing on statutory conceptual, and comparative approaches.

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Journal Info

Abbrev

ULREV

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Universitas Mataram(Unram) Law Review(ULREV) is a peer-reviewed journal published by the Law Faculty of Mataram University, is Indonesian Journal of Law as a forum for communication in the study of theory and application in Law Contains articles texts in the field of Law. The purpose of this journal ...