More Winning for PT. Bank Permata, Tbk. in Appeal Process

There has been legal relationship between PT. Bank Permata, Tbk as Creditor and PT. Tanaco Jaya utama as Debtor related to the credit facility, given by PT. Bank Permata , Tbk to PT. Tanaco Jaya Utama/Rudi Sutanto based on Deed of Loan Agreement which was made by both parties. Whereas, PT. Tanaco Jaya Utama/Rudi Sutanto has filed for Appeal process through the Registry of Tangerang District Court, dated on November 16th, 2009. And toward such Appeal Memory, PT. Bank Permata, Tbk through Novian & Partners has submitted Appeal Contra-Memory. On January 26th, 2010, The Counsel of Judges of Banten High Court has given the verdict on Case No. 113/PDT/2009/PT. BTN, in which stated to affirm the verdict of Tangerang District Court No. 355/Pdt.G/2008/PN.TNG, dated on June 8th, 2009.