SUBMISSION FOR APPEAL BY PT. BARATA INDONESIA AGAINST PT. TRUBA JAYA ENGINEERING HAS BEEN DECLINED

On 5th of January 2011 Novian & Partners, on behalf of PT. Truba Jaya Engineering has filed a Lawsuit against PT. Barata Indonesia, Cs through the Registry of North Jakarta District Court as in Case No. 05//Pdt.G/2010/PN.Jkt.Ut. And on July 8th , 2010 The North Jakarta District Court has given The Verdict No. 05/Pdt.G/2010/PN.Jkt.Ut, which stated among others: Stated that 1st Defendant and 2nd Defendant has done Default action which causing loss for the Plaintiff and punished 1st Defendant and 2nd Defendant jointly to pay damages for Plaintiff amounting to Rp. 6.158.000.000 (six billion one hundred and fifty eight million Rupiah) with interest rate 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 DKI Jakarta High Court on 9th of March 2011, has given the Verdict No. 633/PDT/2010/PT.DKI, confirming the Verdict of North Jakarta District Court No. 05/Pdt.G/2010/PN.Jkt.Ut. which stated among others: 1. Improved the Verdict by The North Jakarta District Court No. 05/Pdt.G/2010/PN.Jkt.Ut dated on 8th july 2011 along with state number 3 (three), so that will read as follows: 2. Punished 1st Defendant and 2nd Defendant added by interest rate of 1% per month, and amounting to U.S. $ 475,000 (four hundred seventy five thousand U.S dollars) added by interest rate of 0.5% per month. 3. stated to affirm the verdict of The North Jakarta District Court No. 05/Pdt.G/2010/PN.Jkt.Ut dated on 8 July 2010. PT. Barata Indonesia Cs dated on 4th August 2011 has filed a submission for cassation against the Verdict of DKI Jakarta High Court No. 663/PDT/2010/PT.DKI through Registrar of North Jakarta District Court.

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