Today’s Legal Enlightenment (Tuesday, 5 July, 2022)- “DIRECTORS’ PERSONAL RESPONSIBILITY”
Debts made by the Board of Directors without the approval of the Board of Commissioners as required by the Articles of Association are the personal responsibility of the Board of Directors.
Supreme Court Decision No. 3264 K/Pdt/1992 dated August 28, 1996
Source: Perseroan Terbatas by Ridwan Khairandy
Regards,
Fredrik J. Pinakunary