Position of Depositors in the Bankruptcy of Multidana Savings and Loans Cooperative in Ambarawa

Journal Title: International Journal of Social Science And Human Research - Year 2022, Vol 5, Issue 06

Abstract

KSP Multidana went bankrupt or disbanded, but the members’ rights who had not yet fulfilled all of the funds were returned by the cooperative, while the members who borrowed themselves had not fully returned the money borrowed by the members to date. This study aims to determine the legal consequences of the bankruptcy decision of KSP Multidana through the Semarang Commercial Court Decision Number 09/Pdt.Sus-Pailit/2017/PN.Niaga SMg jo 12/PDT.SUS-PKPU/2016/PN. Niaga.Smg for the depositor of funds, the position of the depositor as a result of the bankruptcy of the Multidana Savings and Loans Cooperative (KSP), and the settlement process in the bankruptcy of the Multidana Savings and Loans Cooperative (KSP). The method used in this article is an empirical juridical approach. The results of this study indicate the legal consequences of the bankruptcy decision of KSP Multidana through the Semarang Commercial Court Decision Number 09/Pdt.Sus-Pailit/2017/PN.Niaga SMg jo 12/PDT.SUS-PKPU/2016/PN.Niaga.Smg for member depositing funds is a member depositing funds unable to withdraw their deposit funds due to a general confiscation. The position of the depositors as a result of the bankruptcy of the Multidana Savings and Loans Cooperative (KSP) is the same (creditorium parity) as concurrent creditors as stipulated in Article 1131 of the Civil Code, and therefore they have the same rights over the results of the execution of the bankrupt bank according to the number of their respective bills.

Authors and Affiliations

Mahayu Yustisia Kartika Dewi, A. Tulus Sartono

Keywords

Related Articles

Analysis of Medical Personnel Needs at Public Hospital

According to the Regulation of the Minister of Health of the Republic of Indonesia No. 33 of 2015, institutions can use Health Workload Analysis to plan for their health human resource needs. The aim of this study is to...

Barriers to The Execution of Seizure of Execution against Court Decisions That Have Permanent Legal Force (Example is The Case of Confiscation of Execution of Assets of Perumda Salatiga)

This research aim to determine the regional finance management arrangements for the assets of regional public company originating from separated regional assets and the constraints in the execution of assets of Perumda B...

A Feminist Appraisal of Tess Onwueme’s The Reign of Wazobia

This paper attempts a feminist appraisal of Tess Onwueme’s The Reign of Wazobia. It begins with discussing the stereotypical portrayal of women in male-authored works and the tenets of feminism. The work attempts to answ...

Protection of Children's Rights in Tourism Destinations: Institutional and Regulatory Interventions in Lombok Tengah, NTB, Indonesia

Tourism development areas are not always able to improve the welfare of the local community by increasing the local economy, including the fulfillment of rights and protection of children. This paper aimed to investigate...

Teachers' Continuous Professional Development Special Education (Multi-Case Study at SLBN 1 Amuntai and SLBN Kandangan)

This study aims to describe the model of continuous professional development of special education teachers, strategies for implementing the model of continuous professional development programs and the implications of pr...

Download PDF file
  • EP ID EP704929
  • DOI 10.47191/ijsshr/v5-i6-11
  • Views 91
  • Downloads 0

How To Cite

Mahayu Yustisia Kartika Dewi, A. Tulus Sartono (2022). Position of Depositors in the Bankruptcy of Multidana Savings and Loans Cooperative in Ambarawa. International Journal of Social Science And Human Research, 5(06), -. https://europub.co.uk/articles/-A-704929