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...
Definition of The Board of Directors Under Article 1 number (5) of Law Number 40 of 2007 on Limited Liability Company ("Company Law") it is stated that the board of directors in the Limited Liability Company ("Company") is the Company’s organ which is an authorized...
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...
Background As we know in a Limited Liability Companies (“Company"), there are three organs that have its authority and responsibility. These organs consist of General Meeting of Shareholders ("GMS"), Board of Directors and (“BOD”) Board of Commissioners (“BOC”)....