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Agus Dwi Arifudin
Fakultas Hukum, Universitas Muhammadiyah Sidoarjo
Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

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Legal Consequences for Leasing Companies That do not Provide Funds in Accordance to the Initial Agreement Agus Dwi Arifudin; M. Tanzil Multazam; Noor Fatimah Mediawati
Indonesian Journal of Law and Economics Review Vol 1 No 2 (2018): February
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (12.662 KB) | DOI: 10.21070/ijler.v1i2.1754

Abstract

Leasing is an activity in the field of financing such as banks, but not banks in the form of providing capital goods that have option rights and a certain period of time. The research is expected to add insight and as an input for the community about legal issues and issues regarding lease agreements made by leasing financing institutions. The method used is a statute approach approach based on the current legislation, and a conceptual approach to reviewing the views and doctrines that develop in the field of legal science. Leasing companies that do not provide loan funds in accordance with the purchase lease agreement, according to Article 1320 of the Indonesian Civil Code, the agreement is legally flawed and can be canceled, and deemed to have never existed. Because in this agreement the objective conditions in Article 1320 of the Indonesian Civil Code are not fulfilled because they have committed fraud against the contents of the agreement.
Co-Authors Moch Tanzil Multazam Noor Fatimah Mediawati