Background and purpose: One of the important issues regarding bankruptcy is the conditions for declaring bankruptcy. The purpose of this article is to compare the substantive conditions in bankruptcy based on the approved bill of 2013 and the commercial law.
Materials and Methods: This article is descriptive and analytical. Materials and data are also qualitative and data collection was used in collecting materials and data.
Ethical Considerations: In this article, the originality of the texts, honesty and trustworthiness are observed.
Findings: Findings showed that in the approved bill of 2013, in addition to the bankruptcy institution, which has maintained its previous state with changes, the emerging institution of suspension with the aim of supporting businessmen and creditors is foreseen. The institution of suspension was established in order the economic prosperity of the country's market and to prevent the breakdown and collapse of commercial properties that have been operating in good faith. and they have suffered bankruptcy due to accidental reasons.
Result: The result is that in the approved bill of 2013, efforts have been made in order to maintain the ownership of the the issuance of a bankruptcy order in order to both cause the economic prosperity of the country's market and prevent disintegration and collapse. To prevent commercial properties that have been operating in good faith and have suffered bankruptcy due to accidental reasons.