Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Bali Sani Padma and Bali Sani Suites to be Sold at Auction.
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Bali Sani Padma and Bali Sani Suites to be Sold at Auction.

Denpasar Court Ruling Paves the Way for Sale of Two Hotels Embroiled in Conflict Between its Owners Since 2001.


Bali News:
Click Image to Enlarge

(5/25/2009)

Radar Bali reports that the Denpasar District Court has approved the petition of a part owner of the Bali Sani Hotel to be allowed to sell the hotel at public auction. Ruling on May 14, 2009, judge Istining Kadariswati, affirmed the right of Lie Thien Ping to auction the hotel and also ruled that the defendant, Soeharjo Gondo, had violated the law by attempting to run the hotel unilaterally and by selling five vehicles owned by the company.

The judge dissolved the joint ownership of both the Hotel Grand Bali Sani Suites and the Hotel Bali Sani Padma, granting Lie Thien Ping the right to sell the hotels, land, furniture, inventories and other items via auction. The judge also fined Soehardjo Gondo and affirmed the current seizure of the hotels assets.

Trouble at the hotels date from 2001 when Surabaya businessmen Soehardjo Gondo and Lie Thein Ping purchased the hotel together with Hendy Setiawan of Bali from the Bank Restructuring Agency. The value of that transaction was Rp. 23 billion (US$2 million) with management of the hotels to be handled by PT Sani Mitra Lestari. Based on the respective investment of each party, Soehardjo Gondo was issued 45% of the available shares, an amount equal to the shares held by Lie Thien Ping. The remaining 10% of the shares were issued to Hendy Setiawan.

Relations between Lie and Soehardjo soured over time, with Soehardjo taking over the management of the hotels, reportedly without consulting the remaining two shareholders.

In his successful efforts to regain his share of the hotels, Lie Thien Ping also filed a civil suit against Soehardjo and a criminal complaint with the police alleging malfeasance and providing false statements.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Plaga Wine
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
... And the Law Won
Amokrane Sabet (49) French Expat Wanted for Questioning Shot Dead in Altercation with Bali Police
(5/2/2016)
End of an Era in Bali-Australia Tourism
Garuda Orient Holiday Australia Closing
(5/2/2016)
Plays Latin, Our Satin Doll
Jazz Legend Nits Aartsen to Perform at Casa Luna Restaurant in Ubud, Bali Sunday, May 22, 2016
(5/2/2016)
Slapping a Roaming Wrist
Noa Pardue Gets Off with Rp. 250,000 Fine for Stealing a Pair of Underwear from an Ubud Shop
(5/2/2016)
Taking Out the Garbage
PT NOEI Fired From its Management Role at TPA Suwung Rubbish Dump
(5/2/2016)
A Northern Approach to Bali
Governor to Issue Recommendation for Dwijendra International Airport in North Bali
(5/2/2016)
Solemen Fun Day at Waterbom Park
Solemen Dispenses Smiles and Fun Memories to Some of Baliís Most Downtrodden
(5/2/2016)
Saving the World, One Island at a Time
Lembongan Island Says No to Plastic on Earth Day 2016
(5/2/2016)
An Epitaph Written at Stones
Australian Teen Dies in Bali While Illegally Operating a Motorcycle
(5/2/2016)
Carmen Miranda: Hey, Thatís my Hat!
Balinese Village Build 2.5-Meter High Tower of Fruit as Offering to Monkeys at Alas Kedaton
(5/2/2016)
Be an Idol!
Open Mike Amateur Night for Aspiring Singers with the Bali Community Choir at The Onion, Sanur, Bali on Tuesday, May 17, 2016
(5/2/2016)
Sink and Win!
Emirates Airlines Sponsors Hole in One Extravaganza at Bali National Golf Resort
(5/2/2016)
All [News]!