Business Dispute
Seizure of Rice Claims
Tuesday, March 13, 2001
Stern measures have been taken against a foreign rice firm and business partner of Bulog. Rustal Trading Limited must pay out Rp12 billion in damages.
arsip tempo : 178040197477.
The immediately executable verdict, or uitvoerbaar bij voorraad, as it is known in the Indonesian legal system, is a powerful weapon. Such verdicts may be executed even if one of the parties files an appeal against it.
Indonesian courts are generally reluctant to hand down these stern verdicts. But last month, the South Jakarta District Court showed no hesitation in passing an immediately executable verdict against Rustal Trading Limited, a Swi
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