Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Happy Rayna Stephany, Robert Sidauruk
PT Arthabuna Margausaha Finance (“Arthabuana”) has lodged a bankruptcy petition with the Central Jakarta Commercial Court against PT Bianglala Metropolitan (“Bianglala”), one of the operators of the Transjakarta transport system. The petition was lodged last Thursday.
In its petition, Arthabuana claims that Bianglala has a due and payable debt of Rp 5.8 billion under a consumer financing contract entered into between Arthabuana and Bianglala in 2011.
Under the agreement, Bianglala was to pay back the funds it borrowed by monthly installments over three years. However, in November 2012 Bianglala ceased making payments without any prior notice to Arthabuana.
Subsequently, Arthabuana sent a letter of demand on 15 March 2013. There was no response from Bianglala to the demand letter.
PT Mitsui Leasing Capital Indonesia (“Mitsui”) has joined Arthabuana in the petition as the second petitioner. Under the Bankruptcy Law there is a requirement that there be at least two unpaid creditors for bankruptcy petitions. Mitsui claims it is owed Rp 197.5 million.
Arthabuana’s attorney, Reinhard Silaban, hasindicated that Bianglala’s debt to his client is actually at least Rp 8 billion. However, the amount demanded in the petition is only Rp 5.8 billion..
“The rest of the debt will be requested during the debt verification process,” Said Reinhard.
Reinhard also informed that prior to this petition, his client previously filed a similar petition. The earlier petition was, however, rejected by the Commercial Court, on the basis that it was filed with error in persona as Bianglala’s director was designated as the respondent, when it should have been the company itself.
So far Biangala has not responded to the petition and Dahlia, Bianglala’s counsel, refused to further comment until next week.
“We will provide information next week after the trial,” said Dahlia.
(hot/kc)
Happy Rayna Stephany, Robert Sidauruk
PT Arthabuna Margausaha Finance (“Arthabuana”) has lodged a bankruptcy petition with the Central Jakarta Commercial Court against PT Bianglala Metropolitan (“Bianglala”), one of the operators of the Transjakarta transport system. The petition was lodged last Thursday.
In its petition, Arthabuana claims that Bianglala has a due and payable debt of Rp 5.8 billion under a consumer financing contract entered into between Arthabuana and Bianglala in 2011.
Under the agreement, Bianglala was to pay back the funds it borrowed by monthly installments over three years. However, in November 2012 Bianglala ceased making payments without any prior notice to Arthabuana.
Subsequently, Arthabuana sent a letter of demand on 15 March 2013. There was no response from Bianglala to the demand letter.
PT Mitsui Leasing Capital Indonesia (“Mitsui”) has joined Arthabuana in the petition as the second petitioner. Under the Bankruptcy Law there is a requirement that there be at least two unpaid creditors for bankruptcy petitions. Mitsui claims it is owed Rp 197.5 million.
Arthabuana’s attorney, Reinhard Silaban, hasindicated that Bianglala’s debt to his client is actually at least Rp 8 billion. However, the amount demanded in the petition is only Rp 5.8 billion..
“The rest of the debt will be requested during the debt verification process,” Said Reinhard.
Reinhard also informed that prior to this petition, his client previously filed a similar petition. The earlier petition was, however, rejected by the Commercial Court, on the basis that it was filed with error in persona as Bianglala’s director was designated as the respondent, when it should have been the company itself.
So far Biangala has not responded to the petition and Dahlia, Bianglala’s counsel, refused to further comment until next week.
“We will provide information next week after the trial,” said Dahlia.
(hot/kc)