Responsibilities of the Board of Directors in the Bankruptcy of the Limited Liability Company

  • Padriadi Wiharjokusumo Tourism and Hotel Academy of DarmaAgung (APP)
  • Novita Romauli Saragih
DOI: http://dx.doi.org/10.46930/jurnalrectum.v2i1.410

Abstract

Article 97 paragraph (1) of the Company Law requires each member of the Board of Directors to be required in good faith and full responsibility to undertake the supervision of the company for the interests and business of the company. This implies the Board of Directors is liablefor each management and representation of the company in the company’s framework in pursuing its purposes and objectives.This  researchexaminesthe responsibilities of the board of Directors in the bankruptcy of the Limited Liability Company based on Law No. 40 of 2007. This research was conducted through a normative juridical approach.The  data  source  of  this  research  was  gained from the library study. Then  it  was  analyzed  using the qualitative  analysis  which depicts and dissects the significant information.The conclusion  of  this  research is  thatthe responsibilities of the Board of Directors in Bankruptcy Limited Liability Company based on Law No. 40 of 2007 comprises 2 (two) aspects, in particular; civil liability and criminal liability.

Published
Jan 20, 2020
How to Cite
WIHARJOKUSUMO, Padriadi; SARAGIH, Novita Romauli. Responsibilities of the Board of Directors in the Bankruptcy of the Limited Liability Company. JURNAL RECTUM: Tinjauan Yuridis Penanganan Tindak Pidana, [S.l.], v. 2, n. 1, p. 66-74, jan. 2020. ISSN 2684-7973. Available at: <https://ejurnal.darmaagung.ac.id/index.php/jurnalrectum/article/view/410>. Date accessed: 22 nov. 2024. doi: http://dx.doi.org/10.46930/jurnalrectum.v2i1.410.
Citation Formats
Issue
Vol 2 No 1 (2020): EDISI BULAN JANUARI 2020
Section
Articles