Posts Tagged ‘directors’
WHO CAN SIGN A CONTRACT ON BEHALF OF A COMPANY?
In business, executing deals and finalizing transactions is conducted by signing a contract. Aside from ensuring the contents of the contract is in line with the prevailing laws and regulations, it is also important to know which person can sign a contract on behalf of a company, so that the contract can be legally executed.…
Read MoreCHANGING THE DIRECTOR OF A COMPANY
Removal of an incumbent Director and appointment of a new Director in a Company must be notified to the Minister of Law and Human Rights. Learn more about this obligation and the impact if such changes are not notified. In a Company, Directors can resign in the middle of their term. Others are dismissed by…
Read MoreWHO CAN SIGN A CONTRACT ON BEHALF OF A COMPANY?
In business, executing deals and finalizing transactions is conducted by signing a contract. Aside from ensuring the contents of the contract is in line with the prevailing laws and regulations, it is also important to know which person can sign a contract on behalf of a company, so that the contract can be legally executed.…
Read MoreWho Can Be Shareholders, Commissioners And Directors In a PMA Company?
One of crucial things when setting up a Foreign Investment Company (the “PMA Company”) in Indonesia is deciding the shareholders, director and commissioners of the PMA Company. This steps can be very frustrating for the foreign investor especially if they do not know the prevailing laws in Indonesia regulating this matters. Principally, arrangement regarding shareholders,…
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