Posts Tagged ‘Arbitration’
Dispute Resolution at the Industrial Relations Court in Indonesia
It is likely such a common trend in Indonesia that the industrial relations court bring out conflict instead of accord between companies and employees. If the issue continues to happen, both parties are subjected to financial disadvantage. There is no perfect way other than diminishing the disputes. Hence, an intensive dialogue accenting mutual understanding between…
Read MoreDIFFERENCES BETWEEN CONCILIATION AND ARBITRATION IN INDUSTRIAL RELATIONS DISPUTE SETTLEMENT
“Industrial relations dispute settlement through Conciliation may be continued to lawsuit in Industrial Relations Court, if no agreement is reached. Meanwhile, industrial relations dispute settlement through Arbitration cannot be continued to Industrial Relations Court.” Referring to the previous article (read also: 3 Industrial Relations Dispute Settlement Procedures That You Need to Know) which there are…
Read MoreHOW TO RESOLVE ENVIRONMENTAL DISPUTE IN INDONESIAN LAW
“Environmental dispute settlement can be reached through the Court or out of Court” In some cases related to environmental dispute, Corporations are the most dominant subject as the perperator of the decreasing environmental quality in particular region or community. This condition cannot be separated from the corporation’s activity in exploiting large amount of natural recources…
Read MorePERSONAL SECURITY IS ONE CHOICE OF COLLATERAL THAT YOU CAN USE
In any loan agreement, debtors (debt parties) will be charged with an obligation to provide collateral of repayment of debts owed to be submitted to the creditors. There are two kinds of collaterals; those are material and individual collaterals. When the debtor does not have the goods or valuable assets that can be charged as…
Read MoreCHECK THIS OUT! Here are Stages in Handling Corporate Crime
Today, the crime mode is growing. A crime is not always committed by individuals, but also institutions, such as corporations. In response to this, a year ago, the Supreme Court (MA) issued Regulation Number. 13 Year 2016 on Procedures of Handling Criminal Acts by the Corporation. However, in reality the corporation is involved in various…
Read MoreHERE ARE TWO ALTERNATIVES EXECUTION OF PLEDGING OF SHARES
Before stepping on the practice of execution of pledge of shares, we should understand in advance the definition of lien and the stock itself. According to Article 1150 of the Civil Code, Pledge is “a right that is acquired by a creditor against to moving goods, bodied and bodiless given to him by the debtor…
Read MoreHOW TO DETERMINE THE BEST DISPUTE RESOLUTION FORUM IN THE AGREEMENT
It is known that the principle of freedom of contract (pacta sunt servada) in an agreement is stated in Article 1338 Book of Indonesian Civil Code. So, the parties that have agreed upon an agreement are free to decide matters related to the deal, as long as they are not contrary to law, norms that…
Read MoreARE TORT CASES ABLE TO BE SOLVED THROUGH ARBITRATION ?
Basically, Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”) does not provide the limitation of the only tort cases that can be resolved through arbitration. So, in the event of a tort committed by one of the parties which were bound by a treaty binding, the dispute can certainly be…
Read MoreSHIFT POSITION BETWEEN INTERNATIONAL ARBITRAL AWARD AND NATIONAL ARBITRAL AWARD
Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law”) adheres to the territorial principle in determining whether an arbitration award is included in the national or international arbitration ruling. In Article 1 point 9 of the Arbitration Law, it has been determined as follows: “The Decision of international arbitration is the…
Read MoreHOW TO APPLY FOR ANNULMENT OF ARBITRATION AWARD
Annulment of the arbitration award as stipulated in Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution (“Arbitration Law“) is possible to be proposed by one of the parties of the case. Any party who would like to cancel the arbitration award, must submit the application before the district court. Although there is…
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