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Bankruptcy

Duck Farm Allows to Continue to Quack

Tuesday, May 13, 2003

Add Farm's request to delay the repayment of its obligations has been granted by a Jakarta court.

arsip tempo : 173511010767.

. tempo : 173511010767.

Last Tuesday, the Central Jakarta Commercial Court delivered its long awaited verdict over a bankruptcy lawsuit filed by investors against PT Adess Sumber Hidup Dinamika (Add Farm). The verdict was awaited by investors and profit distribution oriented business observers alike. Chaired by Hery Suwantoro, the presiding commercial court judicial panel denied the plaintiff's demand that Add Farm be declared bankrupt, and granted Add Farm's request

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