Disclaimer: INKRAH Law reproduces the text of legislation for information and educational purposes only, and covers solely statutes made by the legislative and executive branches. The text may contain typographical or translation errors; always verify its authenticity and official version at the JDIH (official legal-documentation portal) of the relevant executive or legislative institution. To confirm whether a regulation is still in force, please visit the relevant institution's official website, and take note of any judicial review granted by the Supreme Court (MA) or the Constitutional Court (MK). English and other foreign translations here are unofficial.
Bahasa Indonesia
Kepailitan adalah sitaan umum atas semua kekayaan Debitor Pailit yang pengurusan dan pemberesannya dilakukan oleh Kurator di bawah pengawasan Hakim Pengawas sebagaimana diatur dalam Undang-Undang ini.
English (British)
Bankruptcy is a general attachment of all the assets of a bankrupt debtor, whose administration and settlement are carried out by a Receiver under the supervision of a Supervisory Judge as regulated in this Law.
