Today’s Legal Enlightenment (Tuesday, 18 October 2022)

by | Oct 19, 2022 | Legal Enlightenment | 0 comments

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Today’s Legal Enlightenment (Tuesday, 18 October 2022)

Prof. Subekti explained that Cessie is the transfer of credit rights or the replacement of an old debtor, called a cedent, with a new debtor, called a cessionary.

The responsibility of the cedent does not shift because a Cessie Agreement is based on bad faith from the creditor. Agreements contrary to propriety will be void, as evidenced by the existence of manipulation in making credit agreements and sales-purchase agreements of receivables.

-> Supreme Court Decision No. 3156 K/ Pdt/2002 dated 31 May 2006.

Source:

Rachmad Setiawan and J. Satrio, Legal Explanation About Cessie, Jakarta: National Legal Reform Program, 2010.

Best regards,

Fredrik J. Pinakunary


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