Jurists Analysis on the Development of Limited Partnership in Indonesia

This paper aimed to examine the legal developments occur to the Commanditaire Vennootschap or Limited Partnership or CV in Indonesia. This paper employed qualitative research method relying on secondary data. Data were obtained through library research by analyzing relevant documents, expert opinions, cases and books. This research combined secondary and primary data in exploring the problems. The results of this study showed that there had been a deviation on the law that govern CV in Indonesia. This type of business entity is still governed by a commercial law that was established in 1848, while changes have been taken place since then. These changes create a deviation on the legal aspect of CV. The deviation occurs in the CV registration, leasing the company to others, or the status of assets owned by the company. The implications of these deviations are invalid CV action and ownership conflicts over assets.