Tag: Commercial Dispute

Reasons and Procedure for Annulment of Arbitral Award

Reasons and Procedure for Annulment of Arbitral Award Reasons and Procedure for Annulment of Arbitral Award

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 […]

Execution Procedure of BANI Arbitral Award

Execution Procedure of BANI Arbitral Award Execution Procedure of BANI Arbitral Award

“While BANI Arbitral Award is legally executable upon rendering, there are multiple instances wherein the parties fail to execute the arbitral award voluntarily. Should this be the case, the arbitral award can be requested to be executed by the competent District Court.” Legal Basis of Arbitration in Indonesia Pursuant to Law No. 30 of 1999 […]