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Archive for October 2017

HOW TO OBTAIN MINING SUPPORTING BUSINESS REGISTRATION RECEIPT?

“Registration receipt is needed as the base of legality in cooperating with mining license (IUP) and special mining license (IUPK) holders for mining supporting business which is not listed in mining service business license.” Not long ago, there are some questions about the business in mining supporting business field. The questions are mainly asked by…

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Dispute Resolution at the Industrial Relations Court in Indonesia

Dispute Resolution at the Industrial Relations Court in Indonesia

It is likely such a common trend in Indonesia that the industrial relations court bring out conflict instead of accord between companies and employees. If the issue continues to happen, both parties are subjected to financial disadvantage. There is no perfect way other than diminishing the disputes. Hence, an intensive dialogue accenting mutual understanding between…

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THE POSITION OF SECURED CREDITOR IN SUSPENSION OF OBLIGATIONS FOR DEBTS PAYMENT (PKPU) PROCESS

the-position-of-secured-creditor-in-suspension-of-obligations-for-debts-payment-pkpu-process

“PKPU applies for all creditors, both unsecured and preferred creditor.” Secured creditors are basically have more secured position compared to the others. Thus, if the debtor performs a default, the secured creditors can immediately execute the collateral. Nevertheless, there are times then secured creditors suspend their right to execute collateral. Suspension may be made by…

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