In carrying out activities that generate state profits in the form of State-Owned
Enterprises (BUMN), where SOEs are present with capital provided by the state
and are state assets, as well as other companies that have debts to other parties,
SOEs also have debts to other parties which, if not being paid can be declared
bankrupt or by Postponement of Obligation for Payment of Debt, the regulation
regarding bankruptcy and postponement of debt payment is regulated in Law
Number 37 of 2004 concerning Bankruptcy and Delay of Payment of Debt. PT
Barata Indonesia was declared PKPU in the judge's decision to grant the PKPU
request by its creditors. but whether the decision is in accordance with Article 223
. The method used in this study is a normative legal research method. The results
show that the State-Owned Enterprise in this case is PT Barata Indonesia which
was declared PKPU by the court in accordance with the provisions contained in
the Bankruptcy Law and PKPU, but disharmony with other regulations makes the
settlement of BUMN PKPU difficult and there is also legal protection.