ESTABLISHING TIME LIMITS FOR SEPARATIST CREDITORS TO RELEASE THEIR RIGHTS AFTER AN INSOLVENTION CIRCUMSTANCE STARTS
According to Article 55, paragraph 1 of Law Number 37 of 2004 concerning Bankruptcy and Postponement of Debt Payment Obligations (Bankruptcy Law and PKPU), creditors who hold pledges, fiduciary guarantees, mortgage rights, or collateral rights for other objects (separatist creditors) may, in theory, exercise their legal rights as if bankruptcy had