by Leks Admin | Company Law
Overview of Post Notification for Merger, Consolidation and Acquisition On 20 July 2010, The Government has finally issued Government Regulation (Peraturan Pemerintah or “PP”) Number 57 Year 2010 on Merger or Consolidation of Business Entities and Acquisition of...
by Leks Admin | Company Law
Background Backgroundorpurpose ofthe issuance ofGovernment RegulationNumber43 of2011on Procedures forFilingandUse ofLimited Liability CompanyName (“GR No. 43/2011″)is toimplement the provisionsof Article9 paragraph(4)and Article16 paragraph(4)of LawNumber...
by Leks Admin | Company Law
Background A Limited Liability Companies (“Company”) may gain their capital by increasing its capital, the process is performed based on General Meeting Shareholder’s (“GMS”) Resolution. According to Article 41 paragraph (2) of Law Number 40 of 2007 on...
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...
