Corporate Matters

IS THERE ANY EXPIRATION FOR A CLAIM OF RECEIVABLE UNDER INDONESIAN LAW?

IS-THERE-ANY-EXPIRATION-FOR-A-CLAIM-OF-RECEIVABLE-UNDER-INDONESIAN-LAW

Article 1967 of Indonesian Civil Code states that all legal claims, either business as well as individual, shall expire after thirty years, and the individual who invokes the expiration shall not be required to submit any title, and an individual cannot object to this expiration if such is based upon bad faith. Based on the…

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THE OBLIGATION TO USE INDONESIAN LANGUAGE IN TRANSNATIONAL CONTRACTS

THE-OBLIGATION-TO-USE-INDONESIAN-LANGUAGE-IN-TRANSNATIONAL-CONTRACTS

The obligation to use Indonesian Language in transnational contracts has got a public attention after the arising of the case in a cassation level between Nine AM Ltd as the petitioner on appeal vs PT Bangun Karya Pratama as the respondent of appeal.  The case has been decided by the Supreme Court under the Decision…

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Regulations on Private International Law in the Indonesian Legal System as a Guideline for Engaging in Transnational Transaction

Regulations-on-Private-International-Law-in-the-Indonesian-Legal-System-as-a-Guideline-for-Engaging-in-Transnational-Transaction

“Since 170 years ago until today, Indonesia have not owned Private International Law for itself” Nowadays, many of the activities by Indonesian Citizens are intersecting with the Foreign Nationals, ranging from marriage affairs or divorce between the Indonesian Citizen with the Foreign Nationals within Indonesia territory or oversea, adoption of Indonesian children by Foreign Nationals,…

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