Court Transparency in Indonesian Bankruptcy and PKPU Proceedings
Indonesian Bankruptcy Law was initially enacted through Government Regulation in Lieu of Act No. 1 of 1998 which was then approved by the Indonesian Parliament as law and became Law No. 4 of 1998 which then further amended by Law No. 37 of 2004 on Bankruptcy and Suspension of Debt Repayment Obligation (“Bankruptcy and PKPU Law”). Since then, there was no amendment to the Bankruptcy and PKPU Law.