Debt is a common thing to keep the company going, but it is a different scenario if the company loses money and reaches a point where debt accumulates until the state of insolvency. What happens if in a bankruptcy the debtor is able pay off all his debts, can the company's reputation be restored?
This overview will be focusing on key implementation provisions most relevant to P2PL in SEOJK 6/2021.
Government Regulation No. 35 of 2021 concerning on Fixed-Terms Employment, Outsourcing, Working Hours, Breaks and Employment Termination.
Our Partners Michel Rako and Bezaliel Erlan wrote an article about rule for disgorgement and disgorgement funds in Indonesia.
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