Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia

Research Article

Legal Protection Against Minority Shareholders in Limited Company Dissolution According to Law No 40 Of 2007

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  • @INPROCEEDINGS{10.4108/eai.16-4-2022.2320100,
        author={Nyimas Enny Fitriya Wardhany and Suparno  Suparno},
        title={Legal Protection Against Minority Shareholders in Limited Company Dissolution According to Law No 40 Of 2007},
        proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICLSSEE},
        year={2022},
        month={8},
        keywords={uupt; shareholder; derivative lawsuit},
        doi={10.4108/eai.16-4-2022.2320100}
    }
    
  • Nyimas Enny Fitriya Wardhany
    Suparno Suparno
    Year: 2022
    Legal Protection Against Minority Shareholders in Limited Company Dissolution According to Law No 40 Of 2007
    ICLSSEE
    EAI
    DOI: 10.4108/eai.16-4-2022.2320100
Nyimas Enny Fitriya Wardhany1,*, Suparno Suparno1
  • 1: Universitas Borobudur, Jakarta, Indonesia
*Contact email: nyimasennyfw@gmail.com

Abstract

A Limited Liability Company (LLC) is a type of capital partnership formed under the provisions of a contract that undertakes commercial activities with permitted capital that is completely divided into shares and complies with all applicable laws and regulations (Article 1 point 1 of Law Number 40 of 2007). The analysis took a statutory approach, which is a method of examining the regulations that apply to a limited responsibility arising from the activities of the GMS, the Board of Directors, and/or the Commissioners. Furthermore, any shareholder who does not agree with the company's acts that are harmful to the shareholders or the company has the right to propose that the firm buy his shares under Article 62 of the Company Law.