Overview the Agreement under the Law in Indonesia

The agreement is constitutes as a legal basis to the parties who made it to conduct certain subject and specified action, wherein this certain subject or specified action are not regulate or prohibit under the law in Indonesia. Moreover, Article 1338 Civil Code clearly stated that the agreement is applied for the parties as aContinue reading “Overview the Agreement under the Law in Indonesia”

Business Contract Ended to Jail

Business contracts generally refer to the provisions of the Civil Code, which regulates in detail about the agreement, requirements of the agreement, and the legal consequences of cancellation of agreement. The agreement contains the rights and obligations of the parties, where one party gives a right to another party. An agreement must fulfill the requirementsContinue reading “Business Contract Ended to Jail”

Beberapa Kelemahan dalam Proses Arbitrase BANI

Penyelesaian sengketa melalui arbitrase merupakan penyelesaian yang dianggap banyak pihak sebagai suatu penyelesaian yang objektif, professional, dan efektif. Seperti halnya penyelesaian melalui Badan Arbitrase Nasional Indonesia (BANI), prosedur penyelesaian mengacu kepada internal peraturan BANI yang cenderung fleksibel dan professional dalam proses penyelesaian sengketa. Proses penyelesaian arbitrase mengacu pada ketentuan Undang-Undang No.30 tahun 1999 tentang ArbitraseContinue reading “Beberapa Kelemahan dalam Proses Arbitrase BANI”

Business Transaction Without Contract

In the business transaction, the parties usually make a written agreement to anticipate if there is a dispute in the future related to business transaction, where the written agreement aims to protect the rights of the parties if one party defaults. Usually, commercial disputes occur due to negligence of one party, either regarding payment orContinue reading “Business Transaction Without Contract”

Dispute Resolution through BANI (Indonesia National Arbitration Board)

Basically, commercial disputes can be proceed through the court or arbitration forums, where both types have different mechanisms and conditions. The mechanism through arbitration forums (generally) refers to the provisions of Law No. 30 of 1999 concerning Arbitration and Alternative Dispute Resolution (“Law No. 30/1999”). According to the provisions of Article 1 No. 1 LawContinue reading “Dispute Resolution through BANI (Indonesia National Arbitration Board)”