Translated by Sony R Simanjuntak SH (LLB) Unpar LLM Monash PhD Melb
The Indonesian Commercial Code
Kitab Undang-undang Hukum Dagang (KUHD) – S 1847 – 23
Content:
General Provisions (Art 1)
Book One – Trade in General (Arts 2 – 308)
Chapter I : Traders and Acts of Trade (Arts 2 – 5) (Repealed)
Chapter II : Trade Bookkeeping (Arts 6 – 13)
Chapter III : Various Kinds of Trading Companies (Arts 14 – 58)
Section 3: Limited Liability Company (Arts 36 – 56) was
repealed by:
1. Law No. 1 of 1995 regarding Limited Liability Company;
2. Government Regulation No. 26 of 1998 regarding Usage of Title ‘Limited Liability Company’; and
3. Government Regulation No. 27 of 1998 regarding Merger, Consolidation, and Acquisition of Limited Liability Companies.
Chapter IV : Bourse of Commerce, Commercial Agents, and Cashiers (Arts 59 – 75)
Chapter V : Commission Merchants, Commercial Travellers and Salesmen, Carriers, and Managers of Boat going to Rivers and Inland Waters (Arts 76 – 99)
Chapter VI : Bills of Exchange and Drafts (Arts 100 – 177)
Chapter VII : Cheques, Promissory Notes, and Bearer Bonds (aan toonder) (Arts 178 – 229k)
Chapter VIII : Rights of Recovery in case of Bankruptcy (Arts 230 – 245)
Chapter IX : Assurance or Insurance in General (Arts 246 – 286)
Chapter X : Insurance against Fire Risk, Risks which Endanger Crops that have not yet been Harvested, and Life Insurance (Arts 287 – 308)
Addendum to Chapters IX and X is:
Law No. 2 of 1992 regarding Insurance Business Activities
Book Two – Rights and Obligation Arisen from Shippings
(Arts 309 – 910)
General Provisions (Art 309)
Chapter I : Ships and Freights (Arts 310 – 319)
Chapter II : Freighters and Shipping Companies (Arts 320 – 340f)
Chapter III : Master, Seaman, and Passengers (Arts 341 – 394a)
Chapter IV : Crew Recruitment Agreement (Arts 395 – 452g)
Chapter V : Ship Charters (Arts 453 – 465)
Chapter VA : Carriage of Goods (Arts 466 – 520t)
Chapter VB : Carriage of Passengers (Arts 521 – 533z)
Chapter VI : Collision (Arts 534 – 544a)
Chapter VII : Ship Wreck, Stranding, and Goods Saved at Sea (Arts 545 – 568k)
Chapter VIII : Arts 569 – 591 (Repealed)
Chapter IX : Insurance against All Risks of the Sea and against the Risk of Slavery (Arts 592 – 685)
Chapter X : Insurances against the Risks of Land, River, and Inland Water Carriages (Arts 686 – 695)
Chapter XI : General Average (Avary) (Arts 696 – 740)
Chapter XII : Dissolutions of Sea Trade Transactions (Arts 741 – 747)
Chapter XIII : Ships and Boats going to Rivers and Inland Waters (Arts 748 – 754)
Book Three – Insolvency of Merchants (Arts 749 – 910) (Repealed)
This Book Three was repealed by:
The Bankruptcy Code
Chapter I : Bankruptcy (Arts 1 – 211) (Repealed)
Chapter II : Suspension of Payment (Arts 212 – 279) (Repealed)
The Bankruptcy Code was in turn repealed by:
Law No. 4 of 1998 regarding Bankruptcy
References:
1. Subekti, R. and Tjitrosudibio, R. Kitab Undang-Undang Hukum Dagang [Commercial Code]. Jakarta: Pradnya Paramita, 1985.
2. Kansil, C.S.T. and Kansil, Christine S.T. Suplemen Kitab Undang-Undang Hukum Dagang [Commercial Code Supplements]. Jakarta: Pradnya Paramita, 2002.