THE IMPACT OF INCONSISTENCIES IN MENTIONING THE PARTIES IN THE AGREEMENT
Making a written agreement, whether by private deed or authentic deed, apart from being intended as a means of evidence (proof), also aims to make it easier for the parties to understand their respective obligations. Meanwhile, when agreeing (contract), the identity and capacity or authority to act (comparison) of the parties must be clearly explained.
Read MoreGetting to Know the Types of Cyber Crime in Indonesia
Cybercrime or what we often hear as cybercrime in Indonesia is contained or regulated in the ITE Law and its amendments. Cybercrime is a crime involving computers and computer networks. The various types of crimes on the internet that are regulated in the ITE Law include: unlawfully producing, selling, procuring for use, importing, distributing, providing,
Read MorePLANTATION BUSINESSES AND OIL PALM PLANTATION FOR FOREIGN INVESTMENT COMPANIES
Foreign Investment (“PMA”) is an investment activity to conduct business in the territory of the Republic of Indonesia carried out by foreign investors, either using foreign capital entirely or jointly with domestic investors. In principle, all business fields are open to investment activities (including foreign investment), except for business fields that are declared closed to
Read MoreRIGHTS AND OBLIGATIONS OF WITNESSES IN CRIMINAL TRIALS
According to Article 1 number 26 of the Criminal Procedure Code, a witness is a person who can provide information for the purposes of investigation, prosecution and justice regarding a criminal case that he personally heard, saw for himself and experienced for himself. This also includes people who can provide information in the context of
Read MoreCONFIDENTIAL BANK COLLATERAL ITEMS
Provisions regarding confiscation of collateral can be seen in Article 227 paragraph (1) HIR: If there is a reasonable suspicion that a person who is in debt, while a decision has not yet been passed on him or while the decision against him has not yet been executed, will try to embezzle or take away
Read MoreMONITORY RIGHTS AND GUARANTEES OVER LAND
Basically, a debt and receivables agreement is not required to be accompanied by a guarantee agreement. In accordance with Article 1320 of the Civil Code, in order for a valid agreement to occur, four conditions only need to be met: The guarantee agreement is an accessory agreement to the debt and receivables agreement. According to
Read MoreMINING PERMIT FOR RELIGIOUS ORGANIZATIONS
Community organizations / religious organizations are explained in PP 25/2024 to be able to carry out mining business activities. Meanwhile, what is meant by a religious mass organization is a religious community organization whose organs carry out economic activities and aim at economic empowerment of members and the welfare of the community/ummah . The explanation
Read MoreTHE NATURE OF JUDICIAL REVIEW OF LEGAL REGULATIONS IN THE SUPREME COURT
According to Jimly Asshiddiqie, in United States English, judicial review can be interpreted as a legal effort to challenge or test three legal norms in the form of regeling (regulation), beschikking (decision), and verdict (judgment) through the judiciary. Furthermore, in the concept of judicial review, especially in relation to testing by the judiciary, review means
Read MoreIS LAND INCLUDED IN THE COMPANY’S CAPITAL?
In the event that the share capital payment is made in another form, the valuation of the share capital payment is determined based on the fair value determined in accordance with market prices or by experts who are not affiliated with PT . The deposit of shares in the form of immovable property must be
Read MoreLETTER OF CREDIT AND DOCUMENTARY COLLECTION
If viewed based on Article 1 number 2 of Minister of Trade Regulation 94/2018 , a letter of credit is a credit or credit notification issued by a foreign exchange bank ( opening bank / issuing bank ) at the request of the importer who is its customer and addressed to the exporter as beneficiary
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