All members of the board of directors of limited liability companies in Indonesia, whose primary duty is to carry out the day-to-day operations of the company and to represent the company, must perform their duties in good faith, for the best interest of the company and in accordance with the purposes and objectives of the … Corporate M&A in Indonesia – Duties of Directors
Indonesia’s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the “Omnibus Law“) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Law, among other things, … Indonesia Omnibus Law – Simplification of Business Licensing and Investment Requirements
There is nothing in the law that prohibits anti-takeover devices. Notwithstanding this, Law No. 40 of 2007 regarding Limited Liability Companies (the Company Law) protects the interests of minority shareholders; minority shareholders who do not agree with the takeover can request the target company to purchase their shares at a fair price. Every shareholder is … Corporate Governance in Indonesia – Corporate Control
A new regulation has introduced significant changes to the implementation of Indonesia’s Construction Services Law, which will affect business actors in the country’s construction sector. The new regulation, Government Regulation Number 22 of 2020 (“GR 22“) regarding Implementing Regulations of Law Number 2 of 2017 regarding Construction Services (January 12, 2017) (the “Construction Services Law“), … Building Failure Liability in Indonesia’s Construction Sector
SSEK senior partner Ira A. Eddymurthy will be a panelist at an upcoming online event, \"Indonesia’s New Omnibus Law on Job Creation: An Expert Briefing.‚Äù The event is co-hosted by the American Indonesian Chamber of Commerce and the US-ASEAN Business Council, in cooperation with the Indonesia Investment Promotion Center (NY). It is scheduled for Tuesday, … Indonesia’s New Omnibus Law on Job Creation: An Expert Briefing
Indonesia’s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the “Omnibus Law“) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Law revises various provisions … Indonesia Omnibus Law – Changes to the Competition Law and What They Mean for Business Players
Indonesia’s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 of 2020 regarding Job Creation (2 November 2020) (the “Omnibus Law“) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Law, … Indonesia Omnibus Law – Changes to the Immigration Law
SSEK Legal Consultants and ET-Asia, a leading provider in Indonesia of professional training programs, are teaming up to provide an Upstream Oil and Gas Short Course. Date: 16 – 17 November 2020 Presenting Speakers: Fransiscus Rodyanto, Partner, SSEK Legal Consultants Arief Budiman, Senior Counsel, SKK Migas This training course is designed to help participants understand … Upstream Oil and Gas Short Course with SSEK and ET-Asia
Protections for shareholders and/or minority shareholders under the Indonesian Company Law are as follows: A shareholder can file a claim at the district court against the company if they suffer unfair and unreasonable losses as a consequence of resolutions of the general meeting of shareholders (GMS), board of directors (BOD), or board of commissioners … Establishing a Business in Indonesia – Shareholders and Voting Rights
Indonesia’s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the “Omnibus Law“) is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia The Omnibus Law revises various provisions … Indonesia Omnibus Law – Changes to the Halal Products Law
