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VOL. 9, ISSUE 5 (2023)
Procedure of the auction of shares which is a credit guarantee for repayment of debt
Authors
Ayuni Marbun
Abstract
Auction procedures and legal remedies in the
form of shares in debt repayment. The purpose of this research is to get better understanding of the procedure for
auctioning guarantees in the form of shares in repayment of debt. This research is
normative juridical, the approachment taken includes an
approachment based on literature. The results of the study concluded that based on
the provisions of Article 200 paragraph (1) HIR/ Article 216 paragraph (1) Rbg
stipulates that the auction of confiscated goods is carried out through the
assistance of the auction office. he execution respondent has no more power
over the goods that have been confiscated, even though the goods are still in
the name of the execution respondent.
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Pages:39-42
How to cite this article:
Ayuni Marbun "Procedure of the auction of shares which is a credit guarantee for repayment of debt". International Journal of Law, Vol 9, Issue 5, 2023, Pages 39-42
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