LamLaj
Vol. 10 No. 2 (2025): September

Legal Protection for Minority Shareholders in Bankruptcy (Case Study of Decision Number 1345 K/Pdt.Sus-Pailit/2024)

Putri K, Nindita Salsabila (Unknown)
Satino, Satino (Unknown)



Article Info

Publish Date
22 Nov 2025

Abstract

Investment is an important tool in the economy, but it carries risks such as abuse of authority and lack of transparency in corporate management. These risks are increasingly evident in the bankruptcy case of PT Sri Rejeki Isman Tbk (Sritex), which was declared bankrupt through Supreme Court Decision Number 1345 K/Pdt.Sus-Pailit/2024 due to heavy debt burdens and prolonged financial difficulties. This study aims to analyse the legal position of minority shareholders in bankruptcy and examine the available legal protection mechanisms. The method used is normative legal research with a legislative and jurisprudential approach. The results of the study show that the position of minority shareholders in bankruptcy is very weak, because they are not given formal space to play a direct role in the bankruptcy process and are placed as residual creditors with limited ability to fight for their interests. Normatively, legal protection for minority shareholders is regulated in the UUPT, but in practice, this mechanism is often ignored or becomes ineffective due to procedural obstacles. Therefore, it is necessary to strengthen legal mechanisms and regulatory reforms that provide formal participation for minority shareholders to submit objections to their losses so that their rights remain guaranteed in the bankruptcy process.

Copyrights © 2025






Journal Info

Abbrev

abc

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

The aims of this journal is to provide a venue for academicians, researchers and practitioners for publishing the original research articles or review articles. The scope of the articles published in this journal deal with a broad range of topics in the fields of Notary Law, Civil Law, Inheritance ...