GIAA - PT. Garuda Indonesia (Persero) Tbk

Rp 58

+5 (+9,00%)

JAKARTA – Supreme Court has denied the cassation appealed by Greylag Goose Leasing 1410 and 1446 Designated Activity regarding the cancellation of homologated peace agreement with PT Garuda Indonesia (Persero) Tbk (GIAA). Previously, Central Jakarta Commercial Court has homologated the peace agreement made between GIAA and Greylag Goose Leasing.

Irfan Setiaputra, President Director of Garuda Indonesia, confirmed that the company has received the notification letter and the copy of the refusal letter of cassation appealed by Greylag Goose Leasing 1446 Designated Activity.

“There has been a cassation decision regarding the appeal of annulment of peace agreement submitted by Greylag Goose Leasing 1410 Designated Activity and Greylag Goose Leasing 1446 Designated Activity, with the verdict of ‘Reject’,” Setiaputra said in the press release quoted Monday (29/1).

This cassation refusal could be referred to Notification and Conveyed Letter of a Copy of the Cassation Decision No.1296K/Pdt.Sus-Pailit/2023 jo 6/Pdt.Sus-Pembatalan Perdamaian/2023/PN.Niaga Jkt Pst.

Supreme Court also sentences the cassation applicant to pay court costs at the cassation stage of IDR 5 million. This decision has been declared permanently legal and binding. (LK/ZH)