Category Archives: Board of Directors and Board of Commissioners

Temporary Suspension Of A Member Of The Board Of Directors By The Board Of Commissioners

There are 3 (three) organs present in a limited liability company (“PT”), which are the general meeting of shareholders (“GMS”), the Board of Directors (“BoD”) and the Board of Commissioners (“BoA”). All three organs work together in accordance with their own respective powers. However, in practice sometimes these organs experience problems in performing their duties.…
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Control of Limited Liability Company

Background In Law Number 40 of 2007 on Limited Liability Company ("Company Law"), it does not mention the exact meaning of control of Limited Liability Company. However, the term control of a limited liability company can be found in Article 1 number 11 of Company Law, as follows: “Acquisition” means a legal act which is…
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