Indonesian Journal of Law and Economics Review
Vol 1 No 2 (2018): February
Recent Cases

Legal Consequences for Leasing Companies That do not Provide Funds in Accordance to the Initial Agreement
Akibat Hukum Bagi Perusahaan Leasing yang Tidak Memberikan Dana Sesuai Kesepakatan Awal


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  • Agus Dwi Arifudin,
  • M. Tanzil Multazam*,
  • Noor Fatimah Mediawati
Agus Dwi Arifudin
Fakultas Hukum, Universitas Muhammadiyah Sidoarjo, Indonesia
M. Tanzil Multazam
Universitas Muhammadiyah Sidoarjo, Indonesia *
Noor Fatimah Mediawati
Fakultas Hukum, Universitas Muhammadiyah Sidoarjo, Indonesia

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
DOI: https://doi.org/10.21070/ijler.v1i2.1754
Published February 28, 2018
Keywords
  • law effect,
  • agreement,
  • leasing
How to Cite
Arifudin, A. D., Multazam, M. T., & Mediawati, N. F. (2018). Legal Consequences for Leasing Companies That do not Provide Funds in Accordance to the Initial Agreement. Indonesian Journal of Law and Economics Review, 1(2), ijler.v1i2.1754. https://doi.org/10.21070/ijler.v1i2.1754

Copyright (c) 2018 Agus Dwi Arifudin, M. Tanzil Multazam, Noor Fatimah Mediawati

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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Abstract

Leasing is an activity in the field of financing such as banks, but not banks in the form of providing capital goods that have option rights and a certain period of time. The research is expected to add insight and as an input for the community about legal issues and issues regarding lease agreements made by leasing financing institutions. The method used is a statute approach approach based on the current legislation, and a conceptual approach to reviewing the views and doctrines that develop in the field of legal science. Leasing companies that do not provide loan funds in accordance with the purchase lease agreement, according to Article 1320 of the Indonesian Civil Code, the agreement is legally flawed and can be canceled, and deemed to have never existed. Because in this agreement the objective conditions in Article 1320 of the Indonesian Civil Code are not fulfilled because they have committed fraud against the contents of the agreement.

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