Our CEO of Leks&Co wrote an article titled “Beberapa Catatan Dalam RUU Cipta Kerja Terkait Rumah Susun” as published in property section of Propertynbank.com.
He discussed that the spirit of the government at the end of 2019 and early 2020, which previously intended to complete the draft bill of Employment Creation into law, seems to have dimmed and its status has become unclear.
The draft bill of Employment Creation proposed to revise the Condominium Law. Some of the proposed amendments of the Condominium Law are essentially to provide convenience for the business world, but still ensure that these obligations are fulfilled.
Unfortunately, some of the provisions that are problematic under the Condominium Law have not been touched e.g. PPPSRS, voting right, and its management. Those provisions have a huge impact on developers, especially those developing mixed-use condominium.
Eddy Leks has been recommended by Legal500, asialaw Profiles, Chambers&Partners, IFLR1000 on corporate and mergers acquisition, construction and real estate, and commercial dispute resolution.
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