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
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