PT Sariwangi Agricultural Estate Agency (Sari Wangi AEA Co Ltd – Sariwangi) and its subsidiary PT Maskapai Perkebunan Indorub Sumber Wadung (Indorub) first escaped bankruptcy in September 2015. Since then the Companies also escaped a lawsuit to cancel the peace agreement in mid-2016. But the Companies had to once again face a lawsuit to cancel the peace agreement filed by its separatist creditor PT Bank Panin Tbk (PNBN) in October 2016. Luckily, the Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to decline said lawsuit on December 19, 2016. And so Sariwangi has managed to escape bankruptcy once more.To subscribe please click here