CRUCIAL TIMELINE: BANKRUPTCY SETTLEMENT PLANS IN INDONESIA

Understanding the interplay between bankruptcy proceedings and settlement proposals is vital for businesses. The law provides specific windows for settlement proposals, but many miss these opportunities while pursuing appeals.

Time is crucial in bankruptcy proceedings. Many debtors aren’t aware that settlement plans have strict deadlines - even when they’re pursuing legal remedies through the Supreme Court.

As a partner of Hukumonline Clinic @klinikhukum, we have been regularly answering legal questions from @hukum_online ‘s viewers. This time, we will be answering a question regarding bankruptcy settlement plans in Indonesia

You can read the whole article here: https://www.hukumonline.com/klinik/a/jangka-waktu-pengajuan-rencana-perdamaian-oleh-debitor-pailit-cl4917/

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