| Issue Number : 608

Draft Bill on Auctions: Bidding for a Modern Indonesian Auction Framework

Overview

Despite the history of their emergence being rather unclear and somewhat lost in the mists of time, auctions have of course become an extremely well-known method for the trading of goods/services worldwide.[1] In Indonesia, this method was first introduced during the colonial era, specifically through the issuance of Staatsblad 1908 No. 189 on Vendu Reglement (“Vendu Reglement”) on 28 February 1908.[2]

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Overview

Despite the history of their emergence being rather unclear and somewhat lost in the mists of time, auctions have of course become an extremely well-known method for the trading of goods/services worldwide.[1] In Indonesia, this method was first introduced during the colonial era, specifically through the issuance of Staatsblad 1908 No. 189 on Vendu Reglement (“Vendu Reglement”) on 28 February 1908.[2]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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