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.

       

 
 
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
Medical Manipulation?
Irregularities Reported in Bidding Process for Bali Mandara International Hospital Project
(5/23/2015)
Knowing When to Jab
Bali Records First Rabies Death of 2015 in Tabanan Regency as Island Out of VAR Stocks
(5/22/2015)
Landing on Water in Bali
Bali Pursues Idea of Building a New North Bali Airport on Reclaimed Land
(5/22/2015)
Please Release Me, Let me Go
Bali Prison Officials Embarrassed as Wong Man Released from Kerobokan.
(5/22/2015)
The Last Picture Show
Singaporean Man Drowns at Nusa Lembongan While Taking an Ocean-side ‘Selfie.’
(5/22/2015)
Counting on the Cantonese
Garuda to Commence Flights Denpasar to Guangzhou on July 8, 2015
(5/22/2015)
Cultivating Culture in Bali
Reform in Property Tax System Needed to Protect Bali’s Agriculturally Based Culture
(5/22/2015)
Celebrating Birth Among Death
Adelaide Women’s and Children Hospitals Continues 18 Years of Close Cooperation Maternal and New-Natal Health in Bali
(5/22/2015)
Indonesia Lifts its Game
Indonesia Tourism Sector Becomes More Internationally Competitive
(5/22/2015)
Gems Can Get You in Jam in Bali
Chinese Couple Deported from North Bali for Working in Local Market Selling Semi-Precious Gemstones
(5/22/2015)
A Passport to Promotion
Bali Chief of Police Seeking Top Immigration Law
(5/22/2015)
Monkey Business is Booming
Bali’s Sangeh Monkey Forest Records Growth in Tourism Visitors
(5/22/2015)
All [News]!