Source: nasional.kontan.co.id
KONTAN.CO.ID – JAKARTA. The default case of the Indosurya Cipta Savings and Loan Cooperative (KSP) continues to roll. Now, KSP Indosurya, which has the status of Postponement of Debt Payment Obligations (PKPU), is trying to file for peace through restructuring its debt estimated to reach IDR 10 trillion.
Otto Hasibuan, one of the legal counsels for the creditors of the KSP Indosurya Victims Alliance, admitted that he was surprised and that the PKPU status of KSP Indosurya was unreasonable. Given its huge debt obligations.
“How can a company that is no longer operating be given the opportunity to postpone and schedule its debt payments. If the company is dead or has stopped operating, how can the company pay?,” he said, Saturday (9/5).
Furthermore, Otto said that the legal effort that should be taken is a bankruptcy petition. Because through bankruptcy all the debtor’s assets (Indosurya) become public confiscation.
“While PKPU all assets are still in the control of the debtor so that they are vulnerable to being manipulated by the debtor. The only possibility if this PKPU is continued, the debtor must pay some of it up front first and the rest can be paid in installments,” he explained.
On the other hand, the criminal process in the police is ongoing. Otto hopes that the police can also immediately seize all assets belonging to the debtor.
“If the PKPU ends in peace, there is a potential for the peace to be used as an excuse by the debtor (Indosurya) to file a request to stop the investigation, so that the creditor will lose everything,” explained Otto.
Furthermore, Otto asked the government, especially the Minister of Cooperatives and the Chief of Police to immediately investigate this case and arrest the perpetrators of the crime if there is evidence.
Based on the determination of the supervisory judge Number: 66/Pdt.Sus-PKPU/2020/PN Niaga Central Jakarta, the PKPU process is divided into six stages starting from the first creditor meeting on May 8, 2020 and the final deadline for submitting bills on May 15, 2020.
Continued receivables verification meeting on May 20, 2020. Meanwhile, the peace plan discussion meeting on May 29, 2020, then the peace plan voting meeting on June 5, 2020, while the panel of judges’ deliberation session on June 12, 2020.