Category Archives: Breaking News

Indonesia Law – The Latest Government Regulation on the Authorized Capital Amendment of Limited Liability Company

Background On 14 July 2016, Government has issued the Government Regulation No. 29 of 2016 on Authorized Capital of Limited Liability Company Amendment (“PP 29/2016”). PP 29/2016 revokes Government Regulation No. 7 of 2016 which previously also regulated the amendment of authorized capital of limited liability company. PP 29/2016 was issued with the purpose to provide…
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Indonesia Law – Secretary of Issuer or Publicly listed Company

Background The Financial Service Authority (“OJK”) issued new regulation namely Regulation of the Financial Service Authority Regulation No. 35 /POJK.04/2014 regarding Secretary of Issuer or Publicly listed Company (“OJK Regulation”) which became effective on 8 December 2014. Corporate Secretary Corporate secretary is an individual or a person in charge of working unit that carrying out…
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