The Commercial Court of the Central Jakarta District Court terminated the bankruptcy proceeding of PT Dayaindo Resources International Tbk (KARK) and its subsidiary PT Daya Mandiri Resources Indonesia (DMRI) on October 10, 2016. The decision was made after the team of curators claimed that they could not find the company’s assets. Dayaindo was declared bankrupt since 2013 because it was unable to resolve its debt dispute.To subscribe please click here
