Corporate Governance Archives

Corporate Governance

Navigating ESG in Indonesia: The Absence of a Regulatory Framework

Introduction Environmental, Social and Governance (ESG) was first introduced and popularized through the report document titled “Who Cares Wins”, published under the United Nation (UN) Global Compact at the initiative from the UN Secretary General in 2004. This report...

Debt Arising From an Agreement Which was Made by the Director in Contravention with the Debtor’s Articles of Association

Articles, Bankruptcy Law, Restructuring and Insolvency

Introduction The requirements for granting the bankruptcy declaration petition in Article 2 paragraph (1) of Law No. 37 of 2004 (“Bankruptcy Law”) are (i) debtor has two or more creditors and (ii) debtor has not paid in full at least one debt which is due and payable....