Position of Arbitration Clause in Relation to Absolute Competence in Bankruptcy Disputes

DOI

10.2991/assehr.k.200917.005How to use a DOI?

Keywords

Arbitration, Bankruptcy, Contract legal principles, Pacta sunt servanda

Abstract

During the validity of Law No. 37 of 2004 (2004-2013), out of 5 bankruptcy cases, all decisions stating that the Commercial Court is authorized to settle bankruptcy cases based on Article 303 of Law No. 37 of 2004 concerning Bankruptcy. Although the substance of Article 303 is contrary to the legal principle of the contract “Pacta sunt servanda”. Article 303 raises deviations in the principle of systematization law, which will weaken law enforcement in Indonesia, and can even cause the loss of legal principles as a rule of law at the basic level of norms.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Rahayu Hartini
AU  - A.A.A. Ngurah Tini Rusmini Gorda
PY  - 2020
DA  - 2020/09/17
TI  - Position of Arbitration Clause in Relation to Absolute Competence in Bankruptcy Disputes
BT  - Proceedings of the Arbitration and Alternative Dispute Resolution International Conference (ADRIC 2019)
PB  - Atlantis Press
SP  - 21
EP  - 24
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200917.005
DO  - 10.2991/assehr.k.200917.005
ID  - Hartini2020
ER  -