EKSEKUSI PUTUSAN ARBITRASE ASING DI INDONESIA DIKAJI DARI UNDANG-UNDANG NOMOR 30 TAHUN 1999 (Studi Kasus : Putusan Mahkamah Agung Nomor 01 K/Pdt.Sus/2010)

Abstract

There are many ways to settle civil cases in Indonesia. Arbitration is one of the
alternative disputes resolution which is chosen by some business people in order to
settle the dispute among them. The clauses of arbitration can be made before or after
disputes arise among the parties. The arbitration is settle out of the court with
contribution of the third party such as arbiter as well as arbitration council which are
pointed by the parties who will settle the final and binding punishment either in
Indonesia or in other countries. The arbitration decision that is taken in a foreign
country can propose the execution in any parties country as long as the parties are
bound in an International Convention on the Recognition and Enforcement of Foreign
Arbitral Award which is held in New York year 1958.