International Research Journal of Business Studies (E-Journal)
Vol 1, No 2 (2008): August-November 2008

Indonesian Bankruptcy Law: Revisited

Wijantini, . (Unknown)

Article Info

Publish Date
03 Aug 2012

Abstract

One of the key challenges in fnancial distress resolution is to fnd the way to renegotiate the debts. Financial troubled firms may apply either court or out-of-court resolution process. Under court supervision, frms have to follow Indonesian bankruptcy law which ofers a moratorium on debt repayment through a system of court supervision and liquidation proceedings. Alternatively, frms may apply out-of-court workout. This paper is written to examine process of both resolutions, problem in executing the law and the reasons for least likelihood of fling court solution in Indonesia. In addition, it shows study on bankruptcy fling in East Asia countries.

Copyrights © 2008




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Journal Info
International Research Journal of Business Studies (E-Journal)
Website

Abbrev

jurnalirjbs

Publisher

Prasetiya Mulya Publishing

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Research Journal of Business Studies (IRJBS), with registered number ISSN 2089-6271 (Print) and ISSN 2338-4565 (Online), is an open access and peer-reviewed scientific journal published by Prasetiya Mulya Publishing, Universitas Prasetiya Mulya. IRJBS published three times a year ...