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Today’s Legal Enlightenment (Thursday, 22 December 2022)

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THE LAWSUIT IS PREMATURE BECAUSE THERE IS NO GMS APPROVAL AND PUBLIC ACCOUNTANT AUDIT

The party entitled to determine the profit and loss of a company is the GMS, and a Public Accountant should audit it. The company’s CEO filed the lawsuit for compensation without approval from the GMS and without an audit from the Public Accountant stating that the company suffered a loss. Therefore, the suit cannot be filed now.

→ Supreme Court Decision No. 2743 K/Pdt/1995, dated 18 June 1996.

Best regards,

Fredrik J. Pinakunary


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