Date : 28 Januari 2015 Time : 09.00 – 13.00 WIB Venue : Merchantile Athletic Club, Jakarta Gedung WTC lantai 18, JlJend. Sudirman Kav. 29 – 31 The Forum is designed to provide necessary information on the preparation of investing in Indonesia. Comprehensive and up to date issue regarding procedures, laws and regulatory policies, manpower,…
Workshop on Legal Aspect of Directors’ Commisioners’ Duties and Liabilities
The Limited Liability Company (“PT”) is a legal entity recognized as a legal subject before the law. It has a capacity and
authority to act before the law equally with human or persons. In this regard directors and commissioners as agents to
manage the company also have limited liabilities toward their position. However, since the doctrine of lifting the corporate veil is introduced, the directors and commissioners can be personally liable for their action in managing the company and sued either by shareholders or stakeholders. The legal risk of directors and commissioners position increased in line with law and the corporate governance reform which accommodate the possibility for either shareholders or stakeholder to take legal action toward directors or commissioners. The increasing awareness of the society in the corporate legal implementation and the massive scrutiny from the government to improve transparency and eradicating corruption has also increasing the legal risk for directors and commissioners.