Abstract:
This study aims to determine the application of formal and material requirements in the
application for Postponement of Debt Payment Obligations in Decision Number 1/Pdt.Sus-
PKPU/2020/PN Niaga Mks and the implementation of protection of creditor interests in the
application for Postponement of Debt Payment Obligations in Decision Number 1/Pdt. Sus-
PKPU/2020/PN Niaga Mks. The type of research used is empirical juridical, with data
collection techniques through library research methods and field research methods using
interview research instruments. and documentation. The data of this study were analyzed
descriptively qualitative. Based on the researcher's analysis that the application of the formal
and material requirements in the decision Number 1/Pdt.Sus-PKPU/2020/PN Niaga Mks has
fulfilled the provisions stipulated by Law Number 37 of 2004 concerning Bankruptcy and
Suspension of Debt Payment Obligations, the application for postponement of obligations debt
payments can be granted. Since the stipulation of the postponement of debt payment obligations
by the Panel of Judges. Creditors who as applicants for PKPU have fulfilled the protection of
their interests, creditors get their rights and interests during the process of requesting a
postponement of debt payment obligations, but creditors cannot directly collect debts from
debtors because of the provisions and the judge has appointed a curator or implementation
supervisory body in the process. request for postponement of debt payment obligations (PKPU).
Based on the researcher's analysis that in the decision Number 1.Pdt.Sus-PKPU/2020/PN
Niaga Mks the implementation of the creditor's interest in the ongoing application for the
postponement of the obligation to pay debts has fulfilled the provisions, protection and interests
of the creditor have been fulfilled
