Jurnal Ragam Pengabdian
Vol. 3 No. 2 (2026): Mei-Agustus, Sustainable Development Goals (SDGs): Multidisciplinary Perspectiv

Curators in Indonesian Corporate Bankruptcy: Duties, Independence, and Implications for Corporate Dissolution

Styabudhi, Aldinno Diaz (Unknown)
Borman, Syahrul (Unknown)
Ayuningtyas, Fitri (Unknown)



Article Info

Publish Date
29 Jul 2026

Abstract

This article analyzes the legal position, duties, independence, and liability of curators in Indonesian corporate bankruptcy, while clarifying their relationship with corporate dissolution. It addresses a recurring normative problem: Law Number 37 of 2004 requires a curator to be independent and free from conflicts of interest, yet it does not provide sufficiently operational indicators for evaluating that independence or for distinguishing professional risk from actionable fault. The study uses normative legal research with statutory, conceptual, and analytical approaches. Primary materials include the Bankruptcy and Suspension of Debt Payment Obligations Law and the Limited Liability Company Law, supported by recent legal scholarship on curator duties, supervision, creditor protection, going concern, and professional liability. The analysis shows that a curator is a court-appointed estate administrator whose authority covers asset preservation, claim verification, business continuation when value-enhancing, liquidation, and proportional distribution. A corporate liquidator, however, operates within the dissolution regime and should not be equated automatically with a bankruptcy curator. The article proposes objective safeguards consisting of pre-appointment disclosure, continuing conflict checks, independent valuation, transparent reporting, documented decision-making, effective supervisory review, and a fault-based liability standard balanced by functional protection for good-faith conduct.

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Journal Info

Abbrev

juragan

Publisher

Subject

Environmental Science Social Sciences Other

Description

Berisi hasil-hasil kegiatan pengabdian dan pemberdayaan masyarakat berupa penerapan berbagai bidang ilmu diantaranya pendidikan, ekonomi, agama, teknik, pertanian, sosial humaniora, komputer dan kesehatan yang ditulis dalam bahasa Indonesia maupun bahasa ...