The Commercial Court of the Central Jakarta District Court started 2021 with a myriad of lawsuits related to debt disputes, including the lawsuit on Suspension of Debt Payment (PKPU) filed against PT Sentul City Tbk (BKSL). This lawsuit is the eighth PKPU/bankruptcy lawsuit filed against the company within just a few years. The company has managed to avoid bankruptcy once again. In a separate court, the Jakarta provincial government won the dispute on the implementation of reclamation in Jakarta Bay by PT Jaladri Kartika Pakci. This verdict raises more questions on the continuation of the project.

To subscribe please click here