The Role of the Peace Acts after Dissolution Limited Liability Company

Study This aims To analyze the role of deed peace post-dissolution of a Limited Liability Company, abbreviated as PT, and the legal consequences and distribution of assets carried out by the liquidator after the dissolution of a Limited Liability Company with a peace deed. The research used is normative legal research. The study results indicate a role for a peace deed after the dissolution of a Limited Liability Company, which has several strategic roles in the dissolution of a PT. First, this deed resolves disputes between shareholders, directors, commissioners, and third parties such as creditors and business partners. When an internal conflict occurs that causes the company to be unable to operate effectively, a peace deed can be used to regulate each party's responsibilities, asset distribution, debt settlement, and termination of employment. Second, a peace deed can help accelerate the liquidation process by providing legal certainty regarding the settlement of the company's obligations to external parties. In contrast, in terms of legality, a peace deed offers legal protection for the parties involved in the dissolution. The agreements stipulated in this deed are final and binding, so No can be canceled in a way that is unilateral by the party. In dispute resolution, a peace deed also reduces the possibility of new lawsuits after the dissolution process is complete because all rights and obligations have been regulated in the agreement.

Authors

Publication Details

Journal
International Journal of Judicial Law
Published
2025-01-01
DOI
https://doi.org/10.54660/ijjl.2025.4.3.88-94
Primary Topic
Corporate Law and Human Rights
Type
article
Field-Weighted Citation Impact
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article

The Role of the Peace Acts after Dissolution Limited Liability Company

Hasibun Asikin, Wira Pria Suhartana, Nini Angraini
International Journal of Judicial Law
Corporate Law and Human Rights
article

The Role of the Peace Acts after Dissolution Limited Liability Company

Hasibun Asikin, Wira Pria Suhartana, Nini Angraini
article en

Abstract

Study This aims To analyze the role of deed peace post-dissolution of a Limited Liability Company, abbreviated as PT, and the legal consequences and distribution of assets carried out by the liquidator after the dissolution of a Limited Liability Company with a peace deed. The research used is normative legal research. The study results indicate a role for a peace deed after the dissolution of a Limited Liability Company, which has several strategic roles in the dissolution of a PT. First, this deed resolves disputes between shareholders, directors, commissioners, and third parties such as creditors and business partners. When an internal conflict occurs that causes the company to be unable to operate effectively, a peace deed can be used to regulate each party's responsibilities, asset distribution, debt settlement, and termination of employment. Second, a peace deed can help accelerate the liquidation process by providing legal certainty regarding the settlement of the company's obligations to external parties. In contrast, in terms of legality, a peace deed offers legal protection for the parties involved in the dissolution. The agreements stipulated in this deed are final and binding, so No can be canceled in a way that is unilateral by the party. In dispute resolution, a peace deed also reduces the possibility of new lawsuits after the dissolution process is complete because all rights and obligations have been regulated in the agreement.

International Journal of Judicial LawVol. 4(3)
Openalex Percentile: Top 86%
Corporate Law and Human Rights
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