Social justice in pancasila and the reassessment of acceleration clauses in contract enforcement
Keywords:
Contract Acceleration, Social Justice in Pancasila, Global Economic ChallengesAbstract
This study examines the concept of accelerated maturity in contract performance, under which a creditor may demand immediate payment before the contractual term ends when the debtor is deemed in default. This situation creates an imbalance and raises unfairness for the weaker party. The objective of this research is to redefine the acceleration process by incorporating social justice values as outlined in the fifth principle of Pancasila. This study employs a normative juridical method that combines statutory and conceptual approaches and is then analyzed using qualitative methods. The findings indicate that the current implementation of acceleration tends to prioritize formal legal certainty over substantive justice. Therefore, incorporating social justice principles can protect both creditors and debtors, particularly in force majeure situations. This reconceptualization is expected to improve Indonesia’s contract enforcement system while maintaining legal certainty and promoting equitable enforcement.
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