FIDUCIARY ASSURANCE AUCTION LEGAL POSITION

wibowo wibowo, zuraidah syahdan

Abstract


Regulations in the field of auction as a system of logical, rational normative thinking have not been able to solve a practical problem that is legal in principle, the auction buyer. This problem requires clear regulation, because Law No. 42/1999 does not clearly regulate this matter. Based on the descriptions that have been put forward, the following conclusions can be drawn: First, the Constitutional Court Decision Number 18/PUU-XVII/2019 dated January 6, 2020 regarding the interpretation of Article 15 paragraphs (1-3) of Law No. 42 of 1999 concerning Fiduciary Guarantees related to breach of contract (default) in the execution of fiduciary guarantees. The Constitutional Court gave a different interpretation from the previous article. Now, the fiduciary guarantee certificate, which contains instructions "For the sake of Justice Based on the One Godhead", no longer automatically has executive power. Second, the Constitutional Court number 18/PUU-XVII/2019 dated January 6, 2020 has provided legal certainty for creditors and debtors considering Article 15 paragraphs (1-3) of Law No. 42 of 1999 concerning Fiduciary Guarantees related to breach of contract (default), the article is interpreted if the debtor (consumer) is injured/broken, the fiduciary recipient (leasing company) has the right to sell the object of collateral with his own power (auction) as well as an inkracht court decision.


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References


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DOI: http://dx.doi.org/10.26532/pdih.v4i4.20822

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