The Commercial Court at the Central Jakarta District Court is still receiving more Suspension of Debt Payment (PKPU) lawsuits, which has now exceeded 54 lawsuits. Among the lawsuits are the ones filed against PT Pollux Aditama Kencana (a subsidiary of PT Pollux Properti Indonesia Tbk – POLL) and PT Mega Pasanggrahan Indah (a subsidiary of PT Megapolitan Developments Tbk – EMDE). Both companies are engaged in the property sector and both have faced PKPU lawsuits since the beginning of this year. Herein we cover the lawsuit against PT Pollux Aditama Kencana.
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