Legal Protection of Auction Winners of Agraria Disputes of Confiscated Assets through KPKNL

It is important to know the rights of the auction winner in every auction procedure. This includes legal protection for the winning bidder for assets confiscated through the State Wealth and Auction Service Office (KPKNL). This research will reveal the legal protection section of agrarian disputes over the auction of bppn confiscated assets through KPKNL in Medan City. Data collection used Normative Juridical review. Research informants only focus on employees and parties who have problems related to the agrarian suspicion of the auction of confiscated assets by the Indonesian Bank Restructuring Agency, confiscate through KPKNL in the Medan branch. The conclusion is that legally the auction, there are inappropriate regulations by the Central KPKNL and the Medan city area. There are also problems with policies made by agraria confiscate, where the regulations are not well integrated. KPKNL has conducted an auction, but has not provided certainty for the auction winner. In this case, the auction winner gets a loss because he has followed all procedures and did not receive what has been stipulated by KPKNL.

Auction Winner Legal Protection Execution of Liability for Land Rights in Absentee

The auction is a public sale by finding the highest price, the auction may be movable items or goods not moving. Determined the winning bidder after the auction officials published a treatise auction that has the strength of evidence is perfect as an authentic deed. In the auction of immovable goods, such as land, the minutes of the auction as proof of deed used for basic transition is done at the land department and spatial / National Land Agency. Related to agricultural land auction participants except there is no restriction in Article 77 point (1) of the Regulation of the Minister of Finance Regulation Number 27 / PMK.06 / 2016 the official auction, husband or wife of the auction officials, officials from the seller, auction guide, judges, prosecutors, clerks, Interpreters confiscation, lawyer / Advocate, Notary, official land deed, appraisers, inspectors DJKN, auction hall employees, and there are opportunities outside the auction winner who makes the land area of the object object absentee land. Ownership of absentee land is prohibited by law because it does not comply with land reform in Indonesia is feared the land is not worked actively, therefore, must be transferred not later than 6 months after the issuance of the certificate to others that one domicile to the object land or or move one subdistrict area with the land object. In Article 3d Government Regulation number 41 of 1964 that the prohibition of transfer of land into an object mengabitkan absentee land. Legal protection The auction winner is causing land object into absente stated in a circular letter of the Supreme Court in 2016 for number 4 in the realm of good faith purchaser.

The Strength Of Legal Deed Auction Summary Of Burdened Of Confiscation Based On Regulation Of Finance Minister Number 27 / Pmk.06 / 2016 In The City Of Semarang

The purpose of this study was to: 1) To Know the Auction for Goods burdened Confiscation Based Finance Minister Regulation No. 27 / PMK.06 / 2016 in the city of Semarang. 2) To know the Power of Law Treatise Deed Auctions for Goods burdened Confiscation Based Finance Minister Regulation No. 27 / PMK.06 / 2016 in the city of Semarang. The data used in this study are primary data and secondary data and data that can support tertiary study, which was then analyzed by normative juridical method.Based on the results of data analysis concluded that: 1) How the Auction of Goods Seized Burdened By Finance Minister Regulation Number 27 / PMK.6 / 2016 in Semarang. In the official auction assisted by guides who guilty of employees DJKN, the auction progresses No offers the winning auction is bidders who bid the highest. Each implementation of the auction will be charged Customs Auction accordance with government regulations governing the types and rates of non-tax state revenue. Payment of the auction price and Customs Auction shall be made in cash or check or checking account, no later than five (5) working days. In the case of submission of official documents of the auction must submit the original document of title or goods are auctioned off to the buyer or winning bidder no later than 1 (one) working day. Buyers must show proof of payment of the form and submit proof of deposit Tax on Acquisition of Land and Building If items such as land and buildings. 2) How the Legal Power of The Minutes of the Auction the Seized Goods Burdened By Finance Minister Regulation Number 27 / PMK.6 / 2016 in Semarang. Deed Auctions treatise consists of body deed, deed and leg mid deed which contains about the day, date, type of goods, address of the seller, as well as goods sold. Minutes of Deed Auctions is an authentic deed made by officials of the auction and use the laws and legislation so this auction treatise deed has permanent legal force if there are problems in the future.Key Words: The Power of Law; the Deed of Auction; Goods Burdened Confiscation.

Air India on Sale

This case study is based on the epic divestment of Air India which eventually did not take off. Post ill-conceived merger without any synergies, the losses began to enlarge exponentially. This led the carrier to financial losses, apart from that enormous order of 110 fleets without having the capacity to pay, crippled the financial status of the airline substantially. All the government’s effort to restructure and turn around the airline proved to be a failure. The plot for this case is set as, considering the government’s inability to cope with its debts and meet day-to-day expenses in this extremely competitive industry, the Union Cabinet gave its ‘in-principle’ nod to divest holdings in Air India, but had not formally announced for the bidding process, a group of ministers are still working on terms of divestment. Meanwhile the news created a buzz and potential bidders have started informally expressing their interest in Air India. The government is expecting more and more bidders to participate to derive maximum out of the auction. When more and more bidders participate in a bid, the bid amount always ascends and a situation of winner’s curse is created where the winning bidder has a feeling of regret by over-paying the amount in order to win the bid. The subject that this case will fit into is Game Theory and Strategic Management courses and central theme or concept to be taught through this case is situation of winner’s curse and some more concepts related to Auctions and Strategy.

Soft Floors in Auctions

Several of the auction-driven exchanges that facilitate programmatic buying of internet display advertising have recently introduced “soft floors” in addition to standard reserve prices (called “hard floors” in the industry). A soft floor is a bid level below which a winning bidder pays his own bid instead of paying the second-highest bid as in a second-price auction most ad exchanges use by default. This paper characterizes soft floors’ revenue-generating potential as a function of the distribution of bidder independent private values. When bidders are symmetric (identically distributed), soft floors have no effect on revenue, because a symmetric equilibrium always exists in strictly monotonic bidding strategies, and standard revenue-equivalence arguments thus apply. The industry often motivates soft floors as tools for extracting additional expected revenue from an occasional high bidder, for example a bidder retargeting the consumer making the impression. Such asymmetries in the distribution of bidder preferences do not automatically make soft floors profitable. This paper presents two examples of tractable modeling assumptions about such occasional high bidders, with one example implying low soft floors always hurt revenues because of strategic bid-shading by the regular bidders, and the other example implying high soft floors can increase revenues by making the regular bidders bid more aggressively. This paper was accepted by Juanjuan Zhang, marketing.

PERLINDUNGAN HUKUM BAGI PEMENANG LELANG OBYEK HAK TANGGUNGAN DARI GUGATAN PERDATA PIHAK KETIGA

In practice, the auction, although carried out in accordance with applicable regulations, is sometimes still sued in the District Court, the High Court even to the Supreme Court. The results of the supreme court's decision were canceled. Regarding this matter, of course the auction winner is very disadvantaged. The problem to be known in this scientific work is a form of legal protection against the winning bidder for the execution of Mortgage, and how to settle if there are obstacles in the implementation of the auction. This scientific work uses a normative juridical method with a statute approach, a conceptual approach and a case approach. The results obtained from this study are that the form of legal protection for auction winners who have good intentions is: 1) Submitting resistance (Derden Verzet) to the execution of the verdict. This resistance is submitted to the Chairperson of the District Court whose confiscation occurs in his jurisdiction, both verbally and in writing, 2) Submitting a request for legal protection for the decision to cancel the auction and re-execute. The method of settlement if there is an obstacle in the implementation of the auction for the Mortgage by means of the debtor paying the amount of debt and other costs as stated in the contents of the decision if the obstacles arise during the auction. Whereas the method of settlement after the auction, is the creditor as the buyer and the winner of the auction of the Mortgage resistance (derden verset) by suing the debtor to court with a claim for compensation for all costs of conducting the auction that has been carried out and canceled by the court. Furthermore, Bank Rakyat Indonesia as the creditor holds the default debtor accountable to immediately fulfill the defaulted debt by re-executing

Implementation of Green Considerations in Public Procurement

Green considerations can be applied during all phases of the public procurement process: from the pre-award to the award and post-award phase. They can be included in technical specifications, award criteria, and contract performance clauses. Technical specifications provide a detailed description to the market of the good, work, or service to be procured. They constitute the basis for drafting green award criteria, which allow contracting entities to evaluate the received bids and award the contract. Contract performance clauses can also be used by public contracting entities to introduce environmental considerations in the procurement process. These clauses are based on the capacity of the winning bidder to perform the negotiated environmental criteria. Notwithstanding the importance of GPP, green considerations are seldom applied in public procurement. Reasons can be found in the lack of appropriate regulations at national and international level, or in the actual lack of training of the procurement workforce.

Legal Protection For Auction Winner Execution Of Liability Rights Auction No. 49 / Pdt.G / 2011 / Pn.Pkl (A case study in Kospin, Pekalongan)

The research objective was to examine the legal protection against the winner of the auction the object is blocked by the land office to analyze the reason for blocking, and the responsibility of the winning bidder auction officials that the object is blocked by the land office How Legal protection for the Auction Winner of the auction Exsekusi security rights. The method used is as an additive normative juridical research interviews to the land office and Legal Section Kospin pekalongan Services. Based on the results of the study concluded eat: first, Consideration of the Land Office to block the process of reverse auction execution object name Encumbrance (Civil Case Study No.25 / Pdt.G / 2011 / PN.Tegal) is: Based on Government Regulation No. 24 of 1997 Article 45, which reads the Head of the Land Office reserves the right to delay on behind the object name that is being problematic of land ", as well as the attitude of prudence to avoid the risk in the future in order not to become a defendant in the case; Secondly, legal protection for the winner of the auction execution Encumbrance Land Office blocked the auction of objects is very weak, as in this case the winning bidder can not do anything but just wait until the court decision is completed; Third, auction Officials Responsibility for the blocking of the auction objects at the office of the Land does not exist at all.Keywords: Legal Protection, Winning Bidder, Execution Mortgage.

Execution Of Rights Under The Designation Of Liability By Auction Of State Court Of Pekalongan

This researchaims to determine how the execution Encumbrance through an auction to be determined by the District Court of Pekalongan and what weaknesses and execution Mortgage solution through an auction to be determined by the District Court of Pekalongan. Mortgage execution through an auction based on the determination District Court of Pekalongan held upon the request of the winning bidder. Request execution Mortgage by auction by the auction winner made after terlelang not willing to vacate voluntarily execution object. Mortgage weakness execution through an auction based on the determination that the District Court Pekalongan there are two opinions on the application process execution Encumbrance through an auction to be determined by the District Court if there is a lawsuit against the object of the auction following the application execution. The first opinion the petition can still be processed until the issuance of the determination of the District Court. The second opinion request for execution should be delayed pending completion of a lawsuit against the auction object. This is due to the absence of explicit provision governing the execution Mortgage application process through the auction in case there is a lawsuit in the execution object, especially if there is a lawsuit against the object of execution in case the application execution has been carried out. Similarly, in the case of the emergence of a lawsuit before the application for execution is done. Whether the execution can be carried out or not. This gives rise to a variety of opinions that may be detrimental to the winning bidder. For it should be no explicit provision governing the execution Mortgage application process through the auction in case there is a lawsuit in the execution object other drawback is the resistance of the current terkesekusi will be executed.Keywords: Execution; Mortgage; Auctions; Determination.

India may not meet 2030 electric mobility target

Subject India's plans to electrify its vehicle fleet. Significance On October 4, the Indian state-run agency Energy Efficiency Services said it would add Mahindra and Mahindra to Tata Motors as the winning bidder of a tender to supply it with 10,000 electric vehicles (EVs). The government is making the purchases to kick-start a plan envisioning that only EVs would be sold in India by 2030. This would exceed OECD countries by at least a decade, although India faces significant challenges in creating the infrastructure to support such an ambitious target. Impacts If coal is used to electrify the vehicle fleet, India’s EV plans may conflict with its Paris climate accord obligations. There may be an increase in local regulations for curbing air pollution and limiting the sale of petrol and diesel cars. India may step up plans to electrify the railways.