Learning Point: Employers cannot just determine and specify provisions in the Company Rules and Regulations as freely as they want. There are limitations related to the provisions that can be determined and specified in the Company Rules and Regulations, namely should...
Learning Point: A transfer cannot be carried out from one company to another company, despite being in one group because principally, the two companies are two different legal entities. Thus, in such matters, from the company transferring the employee, the employee is...
Since 1997, the Law Number 8 of 1997 on Company’s Document (“Law on Company’s Document”) has been promulgated. It revoked the Article 6 of Indonesian Commercial Code and all laws and regulations which contradict with the Law on Company’s Document. This regulation is...
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...