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Indonesia (584) > General provisions (88)

Name: Amendment to the Law on Bankruptcy (Government Regulation in lieu of Law, No. 1 of 1998).
Country: Indonesia
Subject(s): Economic and social policy
Type of legislation: Law, Act
Adopted on: 1998-04-22
Entry into force:
Published on: Business News (published over several issues), 1998, Vol. 42, Nos. 6156-6165, 33 p.
ISN: IDN-1998-L-50013
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=50013&p_lang=en
Bibliography: Business News (published over several issues), 1998, Vol. 42, Nos. 6156-6165, 33 p.
Abstract/Citation: Amends the Law on Bankruptcy (Statute Book No. 217/1905, juncto Statute Book No. 348/1906). S. 67 provides for a new section 237 of the principal Act, which governs the right of a debtor to dismiss any employees. Wages and salaries owed by debtors shall be counted as part of their debt.

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