| dc.description.abstract | If the company experiences liquidity difficulties, it is likely that the company will enter a period of financial distress. An example of a limited liability company's financial problems is one of the largest companies in Indonesia, PT. Indosat TBK. The company's survival efforts or strategies must restructure the company through mergers which can give the company a large market share, increase working capital, increase the workforce, and obtain technological capabilities which are expected to increase the company's efficiency. An example of the implementation of the merger was carried out by the company PT. Indosat TBK. and PT. Hutchison 3 Indonesia in 2022.
The purpose of this study was to identify and analyze the arrangements for restructuring companies experiencing financial distress in Indonesian law. To find out and analyze the implementation of the merger at PT. Indosat TBK. with PT. Hutchison 3 Indonesia. And to find out and analyze the legal consequences of the merger of PT. Indosat TBK. with PT. Hutchison 3 Indonesia.
The method used in this research is normative research, which is descriptive analytical research, which is sourced from secondary data with primary legal materials, secondary legal materials and tertiary legal materials. Data collection was assessed qualitatively with the help of literature research and documentary research. And use a legal approach.
Arrangements for company restructuring in Indonesian law are regulated in Law Number 40 of 2007 concerning Companies and technical regulations for the implementation of Consolidated Mergers, Acquisitions and Separation of Companies (MKAPP) which are regulated in Government Regulation Number 57 of 2010 concerning Mergers or Consolidations of Business Entities and Acquisitions of Company Shares That Can Result in Monopolistic Practices and Unfair Business Competition. PT. Indosat TBK. and PT. Hutchison 3 Indonesia merged to form the Surviving Company of the Business Merger. Indosat will become the Surviving Company of the Business Merger and H3I will legally dissolve at the Closing of the Merger. Pursuant to Article 122 of the Limited Liability Company Law, H3I as a Merging Company will legally dissolve on the Effective Date of the Merger as a result of the Business Merger | en_US |
