Category: Banking, Securities and Finance Law
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Bankruptcy Cancelation in Indonesia: A Labirin for Curator Fee Execution
This article investigates the application of Article 17 paragraph (2) Law No. 37 of 2004 on Bankruptcy and Suspension of Payment (“Bankruptcy Act“) in Indonesia since 2004 until 2013. Article 17 paragraph (2) Indonesia Banckrupcy Act states that the Supreme Court must specify the curator fee amount in case of bankruptcy cancellation petition granted. This …