Bandung Propertindo in court

JAKARTA (JP): Property firm PT Para Bandung Propertindo was taken to commercial court on Thursday by three small-scaled firms.

Data from the Jakarta Commercial Court said that PT Daine Citra Abadi, PT Agrabudi Komunika and Choida Sport Market jointly filed a bankruptcy petition against Bandung Propertindo after the latter failed to return their down payment of US$135,551 to rent space in Bandung Supermal.

Bandung Supermal, located on Jl. Gatot Subroto in the West Java capital of Bandung, is owned and developed by Bandung Propertindo.

The plaintiff's lawyer, Sinarta of TRS law firm, said that although the firms had paid a down payment, the property firm had not completed the construction of the Supermal.

"When my clients asked the property firm to pay back the down payment, Bandung Propertindo rejected their request," Sinarta said. (aly)