It’s only been a month since the Panel of Judges of the Commercial Court at the Central Jakarta District Court accepted the lawsuit of Suspension of Debts Payment (PKPU) filed against PT Resources Jaya Teknik Management Indonesia (RMI), and the process of PKPU is still in the temporary stage. But at the first voting session, the majority of the creditors refused to accept the peace proposal offered by the Company. The majority of the creditors also refused the Company’s request for time extension. As a result, the oil and gas contractor company must be deemed bankrupt.To subscribe please click here