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Summary Regarding Foreclosure (Latest)
Summary Regarding Foreclosure (Latest)
Definition of foreclosure or beslag is the act of placing the defendant’s assets in the form of
disputed goods, or goods that will be used as payment forcibly into custody during the examination
process which is carried out officially by order of a judge or court. , until there is a court decision that
has permanent legal force.
In civil procedural law in Indonesia, there are several types of foreclosure, including:
1. The object of foreclosure of collateral in a compensation case can be placed on all the assets of the
defendant. This claim for compensation arises from the default as referred to in Article 1243 –
Article 1247 of the Civil Code or acts against the law in the form of material and immaterial
compensation as referred to in Article 1365 of the Civil Code;
2. Disputes on ownership rights over immovable objects which are only limited to the object being
disputed/disputed;
3. Can be placed on items that have been previously pledged.
Based on the Circular of the Director General of the General Judiciary Agency Number
846/DJU/HM.02.3/8/2021 regarding Execution Implementation in Court District
- For a request for execution that have been aanmaning for one year, District court must write to the
applicant to ask whether the execution has been carried out or not.
- If after 30 working days there is no explanation from the applicant Execution requests will be closed and
archived.
- The Chief of the High Court as the voorpost of the Supreme Court will monitors and oversees the
execution of all District Courts once a year and reports to the Supreme Court regarding requests for
execution that the District Court cannot carry out even though it has received directions from the High
Court