PKPU SEBAGAI PERLINDUNGANAN DEBITUR BUMN (Perseroan) TERHADAP KREDITUR KONKUREN (Perusahaan Swasta)

This paper examines how the Suspension of Debt Payment Obligations (PKPU) is used as legal protection for debtors of state-owned enterprises (BUMN)/(Company) against concurrent creditors (Private Companies), and the legal consequences if a BUMN company is PKPU by a private company as a concurrent creditor, in Article 1 number (6) of Law Number 37 of 2004 states that the definition of debt is an obligation that is stated or can be stated in the amount of money both in Indonesian currency and foreign currency, either directly or that will arise in the future or contingent , which arises because of an agreement or law and which must be fulfilled by the Debtor and if it is not fulfilled, entitles the Creditor to obtain fulfillment from the assets of the debtor, in the event that the general understanding is that a state-owned company cannot be bankrupted by private legal entities and individuals if a default occurs, while the state-owned companies themselves are divided into in two types, namely Persero and Perum, where if Perum itself is wholly owned by the state while the share ownership can be partially owned by the private sector, so it is clear that if the company is a Persero, the private company can apply for a PKPU to a state-owned company. The research method used is normative juridical with a statutory approach. The results obtained are private companies can apply for PKPU against BUMN companies as long as the company is a Persero. Keywords: PKPU, Legal Protection, BUMN