An application to annul an arbitral award may be made if the award is alleged to contain the following elements: (a) letters or documents submitted in the hearings which are admitted to be forged or are declared to be forgeries after the award has been rendered; (b) documents are found after the award has been rendered which are decisive in nature and were deliberately concealed by the opposing party; or
“The Financial Services Authority (“OJK”) organizes the regulatory sandbox mechanism to ensure the business model includes its legal compliances and financial aspects meet the Digital Finance Innovation criteria as stipulated in the Financial Services Authority Regulation No. 13/POJK.02/2018 concerning Digital Finance Innovation. ” The development of Information and Technology has had a significant impact, especially in terms of the financial services sector in Indonesia. This can be seen how business
“Amendments to the Articles of Association must be stipulated in the General Meeting of Shareholder (“GMS”) and made in the form of a notarial deed in Indonesian. Further, the amendment shall obtain approval or acknowledgement from the Minister of Law and Human Rights, depending on type of the agenda as stated in Law 40/2007.” Based on Article 8 of the Law No. 40 of 2007 concerning Limited Liability Company (“Law
“Indonesia’s policy of managing the supply of electricity ensures the availability of electricity in sufficient quantities, of good quality, and at reasonable prices in the context of increasing the welfare and prosperity of the people in a fair and equitable manner and realizing sustainable development, and how the private sector can participate in this matter.” A. Definition and Overview of Power Plant Permit Generally, Article 1 Law No. 30 of
“The Company is required to form the Task Unit for the preventing and handling of Sexual Violence in the Workplace. For Companies that have Bipartite Cooperation (“Bipartite CI”), the Task Unit is a part of Bipartite CI. Further, for the Company that do not yet have a Bipartite CI, a Task Unit can be determined through a decision of the Company’s leadership.” Law No. 13 of 2033 concerning Manpower (“Law
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