On October 3, 2024, the Indonesia Branch of the Asia-Pacific International Arbitration Court successfully registered its first arbitration award at the Jakarta Southern District Court. This is the first time that an Indonesian court has recognized the legal effect of the arbitral award made by the Asia-Pacific International Arbitration Court (Indonesia).
Article 59 of the 1999 ‘Law No. 30 of the Republic of Indonesia – Resolution of Arbitration and Alternative Disputes’ stipulates that the official copy of the arbitral award shall be submitted to the District Court for registration within 30 days from the date of its making.
In this case, the arbitration clause stipulates: ‘Disputes should be submitted to the Indonesia Branch of the Asia-Pacific International Arbitration Court. The number of arbitrators is 1, and the place of arbitration is Jakarta, Indonesia. The arbitral award is the final ruling, which is binding on both parties.’ (APIAC) The case is heard by a sole arbitrator after the arbitration request is submitted, and the arbitrator has made an arbitration award on 30 September 2024. The Secretary of the Indonesian Arbitration and Mediation Center (APIAC) registered the arbitration award at the District Court of South Jakarta on 3 October 2024.
