A debtor can be declared bankrupt without actually being insolvent; on the other hand, the insolvent debtor might not be able to be declared bankrupt if he/she only has less than two creditors.
Month: June 2020
As providing the lending service, fintech lending could not avoid the potential default risk (resiko gagal bayar) which occurred by its borrowers and impacted most to the lenders.
Bank Indonesia specifies e-money and e-wallet under the different regulations, aside from its commonly purposed in payment and technology prioritization.
Indonesian Covid-19 Response Acceleration Task Force has issued a new Circular Letter as a national guideline and reference which is CL No. 7 of 2020 on Criteria and Requirement for Travel in New Normal Adaptation Period towards Productive and Safe from Corona Virus Disease 2019 (Covid-19) Society.
“The purpose of POJK 18/2020 is to regulate the mechanism and procedure of written orders given to the banks. A written request contains some of the corporate actions which are conducting and receiving the consolidation, merger, acquisition, and/or integration.”
“POJK 16/2020 has made its possibility for public-listed companies to conduct General Meeting of Shareholders via an electronic mechanism.”