Reformulation of the Principles of Balance and Business Continuity in Indonesian Bankruptcy Law: Legal Protection for Debtors Acting in Good Faith and the Application of the Ultimum Remedium Principle in Bankruptcy Petitions
This research examines the weak implementation of the principle of balance and the principle of business continuity (going concern) under Law Number 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations (PKPU). The ease and simplicity of the requirements for proving a bankruptcy petition (easy-ent...