Verdict of DKI Jakarta High Court Confirming The Verdict of North Jakarta District Court to Punish PT. Barata Indonesia (persero) to Pay Damages for PT. Truba Jaya Egnineering

PT. Truba Jaya Engineering filed a Lawsuit against PT. Barata Indonesia (Persero) through the Registry of North Jakarta District Court as in Case No. 05//Pdt.G/2010/PN.Jkt.Ut. The North Jakarta District Court has given the verdict on July 8, 2010, which stated among others: 1. Stating that PT. Barata Indonesia, Cs has done Default action; 2. Punish Defendant I dan Defendant II jointly to pay damages for Plaintiff amounting to Rp. 6.158.000.000 (six billion one hundred and fifty eight million Rupiah) with interest of 1% per month, and amounting to U.S. $ 475,000 (four hundred seventy five thousand U.S dollars) with interest of 0.5% per month. In the Appeal proccess, PT. Truba Jaya Engineering is also represented by Novian & Partners as the Cassation’s Respondent. And DKI Jakarta High Court by Verdict No. 633/PDT/2010/PT.DKI, confirming the Verdict of North Jakarta District Court No. 05/Pdt.G/2010/PN.Jkt.Ut.