by Leks Admin | Company Law
Background The application for transfer of ownership of foreign shares can be submitted either by foreign investment company or by domestic investment company. The transfer of ownership of foreign shares shall be conducted whenever there are changes in the company’s...
by Leks Admin | Company Law
Share is a proof that shareholders have conducted a full deposit of capital in Limited Liability Companies (“Company”). Shares in Company are classified based on similar characteristics, it is called classification of shares. Article 53 paragraph (1) of Law...
by Leks Admin | Company Law
Background The purpose of the issuance of Government Regulation Number 47 of 2012 on Social and Environmental Responsibility of Limited Liability Company (“GR No. 47/2012″) is to implement the provisions of Article 74 of Law Number 40 of 2007 on Limited...
by Leks Admin | Company Law
New Law Number 17 of 2012 on Cooperative has been promulgated on 30 October 2012 (“Cooperative Law”). This Cooperative Law has revoked the previous law of 1992. Establishment and Article of Association Cooperative consists of primary cooperative and secondary...
by Leks Admin | Company Law
Circular letter of the head of Banking Research and Regulation Department of Bank Indonesia Number 15/27/DPNP of 19 July 2013 (hereinafter referred to as ‘Circular No. 15/27/DPNP’) regulates provisions on requirements for commercial banks to undertake business...
by Leks Admin | Mining Law
Background Formerly, mining was regulated with Law No. 11 of 1967 on Basic Regulation on Mining (“Law No. 11 of 1967″). But with the highly development of mining, nationally and internationally, Law No. 11 of 1967 is no longer suitable with the conditions...
by Leks Admin | Mining Law
Background As explained in Article 1 (32) of Law No. 4 of 2009 on Mineral and Coal Mining (“Mining Law”), Small Scale Mining Area means a part of the mining zone (wilayah pertambangan) where small scale mining activities are performed. These areas are determined...
