4 Government Regulations that have been enacted in the Manpower sector. One among the others is Government Regulation No. 35 of 2021
Dendi Adisuryo, and Praniti Putri Mirza talks about the 0% Royalty Incentive for Coal Commodities as set out under the newly issued Government Regulation
There are at least 16 points of improvement in the law which were formulated in the 2018 academic paper. Among these points, several points are related to the problem of the insolvency test in the bankruptcy procedure law.
The application of bankruptcy requirements as stipulated in Article 2 paragraph (1) of The Bankruptcy Law creates logical consequences and a domino effect
Capital market as one of the financial services sectors plays an important role in the development of the national investment sector, where the supply of capital provided by investors meets the demand of the securities issuers e.g. corporations, investment trusts, or domestic or foreign governments, that is, to finance their operations.
Litigation or arbitration as a commercial litigation proceeding requires a massive amount of capital due to litigation costs. Such the facts prevent people who seek for justice from pursuing their claims. However, several countries have a mechanism for litigation financing or lawsuit lending, which is well-known as Litigation Funding.
A standard contract form does not of course fit all construction projects meaning that it may still demand necessary modifications in certain areas as per the needs of project owners and also that of other participants, such as contractors, sub-contractors, etc. However, a standard contract form is normally well understood by the related participants
Tax Court Law defines tax disputes as disputes on taxation between taxpayers vis a vis the official in charge as a result of an appealable order or claim against the tax court under applicable regulations, including claims against tax collection conducted by forced warrant.
Here are the other areas of potential disputes that need to be noted, and how to avoid the disputes.
By the end of July 2020, OJK had announced that Micro Small Medium Enterprises (“UMKM”) and corporate sectors had received debt restructuring with a total amount of IDR 776 trillion. In such cases, a debtor as a businessman has the freedom to decide whether to settle the dispute through the PKPU or litigation mechanism.