The Annual General Meeting Shareholders of a Limited Liability Company in Indonesia
The General Meeting of Shareholders (“GMS”) is a pivotal within a company, holding exclusive authority distinct from the Board of Directors or Board of Commissioners, as defined by the Law No.40 of 2007 concerning Limited Liability Company (the “Company Law”) and its amendments, alongside the company’s articles of association. Article 78 of the Company Law divides the GMS into two categories: the annual GMS…
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