The Advantages of Pledge on Trademark Certification of Bank Credit in Indonesia

Trisadini Prasastinah Usanti, Fiska Silvia

2018

Abstract

This research discusses the advantages of Trademark Rights as pledge in banking practice. In the previous research, it was mentioned that Trademark Right was used as fiduciary security in banking. However, We believe that pledge is more beneficial for banks and debtors compared to fiduciary security. Pledge is more efficient in terms of cost and simpler in imposition and execution. There are several advantages of pledge, such as no obligation for authentic deeds and no registration needed in fiduciary security. Thus, the process of issuing material rights on the pledge can be done through delivery of lien to creditors or third parties. The process is different from fiduciary security in which it must be done electronically and there is no obligation in pledge to carry out the write-off in the post-execution procedures of the secured objects.

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Paper Citation


in Harvard Style

Usanti T. and Silvia F. (2018). The Advantages of Pledge on Trademark Certification of Bank Credit in Indonesia.In Proceedings of the International Law Conference - Volume 1: i-NLAC, ISBN 978-989-758-482-4, pages 362-371. DOI: 10.5220/0010051703620371


in Bibtex Style

@conference{i-nlac18,
author={Trisadini Prasastinah Usanti and Fiska Silvia},
title={The Advantages of Pledge on Trademark Certification of Bank Credit in Indonesia},
booktitle={Proceedings of the International Law Conference - Volume 1: i-NLAC,},
year={2018},
pages={362-371},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010051703620371},
isbn={978-989-758-482-4},
}


in EndNote Style

TY - CONF

JO - Proceedings of the International Law Conference - Volume 1: i-NLAC,
TI - The Advantages of Pledge on Trademark Certification of Bank Credit in Indonesia
SN - 978-989-758-482-4
AU - Usanti T.
AU - Silvia F.
PY - 2018
SP - 362
EP - 371
DO - 10.5220/0010051703620371