When you draft Contracts, you have to make sure that the parties are clear, and the object of the agreements are also clear. Under the Indonesian Law, parties of the Contract has the freedom to make and develop and incoporate whatever terms and conditions of their contracts, subject however, that the contents must not violate the laws and the public order. The surroundings, circumstances and conditions of the parties shall have great influence in drafting contracts. It really depends on the nature and situation where the parties are involved and situated. The Indonesian Civil Code actually is just a supplement to the terms and conditions entered and agreed by the parties. For instances if you are involved in a Coal Mining Activites, there are some rulings issued by the Directorate General of Coal Mining; Our experience in assisting Clients related to Coal Mining Activites, among others are that we are requested to assist our Client in drafting the Loan and Fiduciary Deeds. Our Client is actually Coal Trader, in which their Customers who are purchasing the Coal Products, form our Client, are Power Plant Industries, outside of Indonesia, among others China, who requires Coal Products to generate their Plants, to run the Industries which are booming in China. Our Client, who is a Coal trader is willing to assist in financing Coal Mining Companies in Indonesia, usually located in Kalimantan Island, in Indonesia, who needs some financing to develop their infrustructures, among others their Coal Plant Facilites to produce the coal, their jetties. The payment of such loan by the Coal Mining Companies to our Client are through selling the Coal Products to our Client. In this case our Law Firm Suleiman Agung & Co will assist our Clients by checking the legal documentations involved in such transactions from reviewing the legal documentation of such Coal Mining Companies such as their Coal Mining Licensces, their Agreements with the Government, drafting the Loan or Financing Agreement, including its Collateral / Fiducia Documents, and registering such Fiducia Deeds with the Fiduciary Office in Indonesia, of course advising our Clients on the rules and laws involved and governing such transaction and coal mining activities. Accordingly, readers who are involved in the Coal Mining Transactions including its financing transaction who seeks for legal assistance may contact our Law Firm Suleiman Agung & Co, Mobile Phone HP 0816830647. For those who are interested in putting advertisement relating to their products and services related to such Coal Mining Activities may put their ads as shown in our website.
Hoping that the above information will be usefull and beneficial to all of you.
Wednesday, September 17, 2008
Agung Supomo Suleiman SH. Senior Partner Law Firm Suleiman Agung & Co