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Today’s Legal Enlightenment (Tuesday, 21 February 2023)

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LIMITED LIABILITY COMPANY LAWSUIT

The party that has the right to determine the company’s profit and loss is the GMS, and it should be audited by a public accountant. A compensation lawsuit filed by the President Director without approval from the GMS and from the auditors declaring the company is at a loss is a lawsuit that should not be submitted to court yet.

→ Supreme Court Decision No. 2743 K/Pdt/1995, dated 18 June 1998.

Source:

Collection of Legal Rules of Indonesian Supreme Court Decisions Year 1953-2008 Based on the Classification, by: Hulman Panjaitan, S.H., M.H., page 29.

Best regards,

Fredrik J. Pinakunary


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