LEGAL CONSEQUENCES OF DESIGNATING CULTIVATION RIGHTS AS ABANDONED LAND IN THE CONTEXT OF CREDIT COLLATERAL OBJECTS

Legal Consequences of Designating Cultivation Rights as Abandoned Land in the Context of Credit Collateral Objects

Land rights under the Cultivation Rights Title (HGU) can serve as collateral in credit D 60 SOFTGELS agreements through the imposition of a mortgage right.However, legal challenges arise when the status of HGU land as collateral changes, particularly due to its designation as abandoned land by the Indonesian Ministry of Agrarian Affairs and Spatial

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