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Juristic obstaclew in declaring bankruptcy against insurance company which fail o settle its debs liability

Jurnal Keuangan dan Perbankan, Volume 12, Nomor 2, Mei 2008
Journal from JIPTUNMERPP / 2010-06-13 21:46:06
Oleh : Ali Imron, Diploma 3 of Finance and Banking Merdeka University Malang (jurkeubank@yahoo.com)
Dibuat : 2008-05-01, dengan 0 file

Keyword : Bankruptcy decision against insurance company, Section 2 article (5) of Bankruptcy Act, Role of minister of Finance

Legal obligation to pay compensation of an insurance company arise immediatelyafter the evenement occurred, if this obligation not being settle right away it can be categorized as “fall due debt” and “claimable” and this can be used as a reason to propose bankruptcy application. The creditor’s fundamental rights prastically impended by section 2 article (5) of insolvency Act, Which give absolute autority to minister of finance in proposing bankruptcy application for insurance company. This authority is attached to the status of minister of financea as the guider and supervisor of insurance institution in Indonesia, but this authority often might reduce people’s trust to insurance institution itself if it is not used carefully and wisely. For the sake of law and justice, Minister of finance Should acts proportionally if the bankruptcy application does’n have enough reason,according to minister’s authority in the case of ankruptcy application for insurance company against their insured and other creditors.

Deskripsi Alternatif :

Legal obligation to pay compensation of an insurance company arise immediatelyafter the evenement occurred, if this obligation not being settle right away it can be categorized as “fall due debt” and “claimable” and this can be used as a reason to propose bankruptcy application. The creditor’s fundamental rights prastically impended by section 2 article (5) of insolvency Act, Which give absolute autority to minister of finance in proposing bankruptcy application for insurance company. This authority is attached to the status of minister of financea as the guider and supervisor of insurance institution in Indonesia, but this authority often might reduce people’s trust to insurance institution itself if it is not used carefully and wisely. For the sake of law and justice, Minister of finance Should acts proportionally if the bankruptcy application does’n have enough reason,according to minister’s authority in the case of ankruptcy application for insurance company against their insured and other creditors.

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PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiDiploma 3 of Finance and Banking Merdeka University Malang
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

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  • Editor: Wiwik Supriyanti, Dra. SS.