Legal Consequences of Amendment And/Or Implementation of Homologation Outside Court Authorization

Wijaya Natalia Panjaitan (1*) , Frandy Septior Nababan (2)

(1) Faculty of Law Pattimura University, Ambon
(2) Pranata Law Firm, Jambi
(*) Corresponding Author

Abstract

The composition of Homologation that has been approved is ratified and decided by the court. But the problem is when composition that have been agreed and have been validated are then changed for certain interests so that the contents are no longer the same that has been validated. The purpose of this study is to find out how the legal consequences of amendments and/or the implementation of homologation outside the court. This study case uses a normative juridical method by using a statutory, case approach, and conceptual approach. Homologation composition through Suspension of Obligation for Payment and Bankruptcy have been regulated, so when there is a change and/or implementation of a composition agreement passed by the court (Homologation) outside the court, it is invalid.

Keywords

Homologation; Bankruptcy; suspension of debt payment obligations; composition agreement.

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DOI: https://doi.org/10.47268/ballrev.v4i1.1468

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