KPAS at default on IDR 173 billion charge
20 Feb 2023 10:25
PT Cottonindo Ariesta Tbk (KPAS), a cotton manufacturer, is declared bankrupt by the Commercial Court of Central Jakarta District Court last week (16/2).
La Montana Bogor Apartment sued for bankruptcy
11 Oct 2022 09:55
PT Emesen Properti (EP), the owner of La Montana Bogor Apartment, is served a Suspension of Debt Payment Obligation lawsuit by Martinus Irsyad.
2 COWL subsidiaries waiting for judicial review from Supreme Court
07 Oct 2022 06:45
Two subsidiaries of PT Cowell Development Tbk (COWL) continue its effort (going concern) after receiving a decision from the Supreme Court (MA). Currently, his party is waiting for the Judicial Review (PK) of the Central Jakarta District Court's bankruptcy decision in 2020.
Forza Land declares bankruptcy
05 Oct 2022 06:40
The Central Jakarta Commercial Court granted the nullification of peace agreement requested by Johanna Ratnasari against PT Forza Land Tbk (FORZ).
Sriwahana Adityakarta is sued over PKPU
12 Jul 2022 07:18
PT Sriwahana Adityakarta Tbk (SWAT) is sued over the suspension of debt payment obligation by its creditor, who filed the lawsuit in the Commercial Court of Semarang District Court, Central Java.
WSBP’s bankruptcy claim ends in amity
01 Jul 2022 07:59
The Suspension of Debt Payment Obligation claim or the bankruptcy claim of two creditors against PT Waskita Beton Precast Tbk (WSBP) arrived at a reconciliation in the Commercial Court of Central Jakarta District Court.
Garuda asks for extra 30 days to settle its bankruptcy claim
12 May 2022 06:18
PT Garuda Indonesia (Persero) Tbk (GIAA) requests for additional 30 days in the process of the Suspension of Debt Payment Obligation in the Commercial Court of Central Jakarta District Court.
Bank Jtrust files a bankruptcy lawsuit against GL Finance
08 Apr 2022 09:15
PT Bank JTrust Indonesia Tbk (BCIC) files a Suspension of Debt Payment Obligation against PT Group Lease Finance Idnoensia (GL Finance) in the Commercial Court of the Central Jakarta District Court.
PKPU lawsuit against SRIL concludes in amity
26 Jan 2022 07:23
The bankruptcy claim or the suspension of debt payment obligation filed by the creditor of PT Sri Rejeki Isman Tbk (SRIL) ended in reconciliation after undergoing a creditor meeting in the Semarang District Court yesterday (25/1).
HK Metals Utama’s subsidiary went bankrupt
03 May 2021 19:45
PT Hakaru Metalindo Perkasa (HMP), the subsidiary of HK Metals Utama Tbk (HKMU), has received its official bankruptcy status from the Central Jakarta Commercial Court as it could no longer pay its debts.