Tag: BPSK

Buyers v. PT Kapuk Naga Indah: The End?

Towards the end of last year, nine buyers of the properties built by PT Kapuk Naga Indah (a subsidiary of Agung Sedayu Group) on Island C and D of the Jakarta Bay reclamation project decided to take legal steps against the conglomerate. The buyers claimed that there was no certainty about the construction of the properties they had purchased. The lawsuit was filed first at the Consumer Dispute Settlement Board (BPSK), but to no avail. The buyers later decided to file a civil lawsuit at the North Jakarta District Court. They also tried to win public support but this backfired on them.

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Buyers v. PT Kapuk Naga Indah

Nine buyers of the properties built by PT Kapuk Naga Indah, a subsidiary of Agung Sedayu Group, on Island C and D of the Jakarta Bay reclamation project filed a lawsuit via the Consumer Dispute Settlement Board (BPSK) on September last year. The buyers demand a refund of their instalment payment. In mid December 2017, however, the BPSK decided to stop the examination of the dispute because PT Kapuk Naga Indah refused to accept the BPSK as a resolution medium.

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