Articles
Derivative action in Limited Liability Company

Derivative action in Limited Liability Company

In the Law Dictionary (Gifis, Steven H.; 1984: 129), derivative action is explained as an action or claim based on the primary right of the company, but performed by the shareholders for and on behalf of the company. This claim can be filed by the shareholders in the...

read more
The annual report in Limited Liability Company

The annual report in Limited Liability Company

The annual report is regulated under chapter IV in Law No.40 of 2007 on Limited Liability Company (“Company Law”). The following will describe the delivery mechanism of an Annual Report to the GMS. The directors will prepare an annual report of the company and then...

read more
Summary of Minister of Energy and Mineral Resources Regulation No. 20 of 2013 on Second Amendment to the Minister of Energy and Mineral Resource Regulation No. 7 of 2012 on Added Value of Mineral Through Mineral Processing and Refinery

Summary of Minister of Energy and Mineral Resources Regulation No. 20 of 2013 on Second Amendment to the Minister of Energy and Mineral Resource Regulation No. 7 of 2012 on Added Value of Mineral Through Mineral Processing and Refinery

In order to guarantee legal certainty in carrying out control over mineral sale to overseas and to implement Decision of Supreme Court No. 10P/HUM/12 dated September 12, 2012, it is necessary to re-amend the stipulations on mineral added value through processing and...

read more