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Nugraha, Xavier
Faculty Of Law Of Airlangga University, Surabaya
Religion Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Physics Public Health Social Sciences Transportation Other

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Journal : Lentera Hukum

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Third Parties’ Legal Protection over Agreed Authorized Capital Amount by Founders in Limited Liability Companies Nugraha, Xavier; Murti, Krisna; Putri, Saraswati
Lentera Hukum Vol 6 No 2 (2019): LENTERA HUKUM
Publisher : University of Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejlh.v6i1.9676

Abstract

On July 14, 2016, the Government enacted the Government Regulation Number 29 of 2016 regarding Amendments in Authorized Capital of a Limited Liability Company (LLC). Article 1 paragraph (3) of the regulation showed that the amount of authorized capital was submitted to the agreement of the LLC founders. This regulation was issued in order to increase Indonesia’s ‘ease of doing business’ rank, especially in ‘starting a business.’ This article aims to examine the legal protection for the third party over the amount of authorized capital based on the agreement of the LLC founders using the study of dogmatic law. Regulations referenced are Law Number 40 of 2007 regarding Limited Liability Companies and Government Regulation Number 29 of 2016 regarding Amendments in Authorized Capital of LLC. Based on the results of this study, it was found that the determination of authorized capital based on the agreement of LLC founders has neglected the protection of the third parties. This manifested particularly in protecting minority investors and resolving insolvency. Through the enactment of authorized capital based on the agreement of the founders, the mechanism of preventive and repressive legal protection to the third parties are assumed to be eliminated. Keywords: The Authorized Capital, Limited Liability Company, Agreement, Legal Protection.
Co-Authors Abidin, Izzah Khalif Raihan Adelina, Alya Adiwinata, Gianina Elizabeth Agus Widyantoro Ahmad Ardhiansyah Ahmad Muzakki Alam Subuh Fernando Aldi, Jihan Anjania Alfredo, Juan Maulana Alip Pamungkas Alip Pamungkas Raharjo Alya Adelina Alya Anira Al’Azza, Nadya Eka Amalia Amilah Fadhlina Angelia, Alissa Angelica Novia Walasondakh Answendy, Putri Riska Ardhana Christian Noventri Ardhana Christian Noventri Arinni Dewi Ambarningrum Aris, Mohamad Syaiful Aristyawan, Patricia Anais Arjuna, Gio Atiqoh Farhan Maulani Ave Maria Frisa K Ave Maria Frisa Katherina Bagus Oktafian Abrianto Budi, Kukuh Pramono Budianto, Anneta Cornelia Budisusanto, Eko Christina Ella Yonatan Citi Rahmati Serfiyani Dania Shofi Maziyah Daniel Julian Tangkau Danmadiyah, Shevierra Darmawan, Monica Caecilia Desak Ayu Gangga Sitha Dewi Dinda Ajeng Puspanita Dinda Silviana Putri Dinda, Giovanni Dita Elvia Kusuma Putri Dwiana Martanto Eka Widi Astuti Elma Putri Tanbun Emely Laurentius, Melva Enrick, Michael Ezra Tambunan Faizal Kurniawan Farid Ibrahim Fariz Rachman Iqbal Fauzurrahman, Iqbal Febrian Dirgantara Felany, Patricia Inge Felicia, Stefania Arshanty Fernando, Alam Subuh Firmansyah, Ridho Fuady, Muhammad Ikram Nur Ghansham Anand Gio Arjuna Putra Gio Arjuna Putra Giovanni Dinda Cahyawati Grace Sharon Gwyneth Eugenia Keisya Howard Hadiwidjayanti, Rizky Haidar Adam Harmanto, Toni Hartono, Julienna Heru Irianto Heru Irianto Insiyah, Sayyidatul Iqbal Fauzurrahman Iqbal, Fariz Rachman Izzaty, Risdiana Izzaty, Risdiana Jeniffer Avrillya Wibisono Jennifer Moniq Sutanto John Eno Prasito Putra Joni Eko Waluyo Juan Maulana Alfedo Julienna Hartono Kadek Anda Gangga Putri Kartika Widya Utama Kexia Goutama Kosuma, Indah Permatasari Krisna Angela Krisna Darari Hamonangan Putra Krisna Murti Kusuma Wardani Raharjo Luisa Srihandayani Luisa Srihandayani M Imron Rosyadi M. Adib Akmal Hamdi M. Syaiful Aris Marchethy Riwani Diaz Marzul Afiyanto Mas Rahmah Maulia Madina Melati Ayu Pusparani Melva Emely Laurentius Moch. Marsa Taufiqurrohman Moch. Marsa Taufiqurrohman Moch. Marsa Taufiqurrohman Mohamad, Ani Munirah Mohammad Syaiful Aris Muhammad Mashuri Muhammad Rizky Febrianto Nasri Natasha Caecilia Lisanggraeni Rositaputri Nathanael Grady Nina Amelia Novita Sari Nina Amelia Novita Sari Patricia Inge Felany Patricia Inge Felany Peter Jeremiah Setiawan Peter Jeremiah Setiawan Pradnya Wicaksana Prawitra Thalib Prihandono, Yoga Purnamawadita, Baiq Elma Putri Saraswati Putri, Annida Aqiila Putri, Annida Aqiila Putri, Dita Elvia Kusuma Putri, Dita Elvia Kusuma Qona’aha Noor Maajid Rahmat , Nur Ezan Rahmat, Nur Ezan Ramadhan, Febriansyah Ramadhanti, Syifa Regita Nathalia, Angeline Ridho Firmansyah Risdiana Izzaty Risdiana Izzaty Risdiana Izzaty Rizki Firmansyah Rizki Istighfariana Achmadi Rosa Ristawati Rosyadi, Julianda Rr. Herini Siti Aisyah S., Bryan Owen Sabdo Adiguno Safira Noor Ramadhanty Sahadewa, Anak Agung Gede Ananta Wijaya Sapta Aprilianto Sayyidatul Insiyah Sayyidatul Insiyah Septiningrum, Shintya Yulfa Serfiyani, Citi Rahmati Shevierra Danmadiyah Shevierra Danmadiyah Shintya Yulfa Shintya Yulfa Septiningrum Simamora, Yohanes Sogar Siti Latifah Sri Winarsi Stefania Arshanty Felicia Stefania Arshanty Felicia Sudirman Sudirman Sumardji Suparto Wijoyo Syifa Ramadhanti Syifa Ramadhanti Tambunan, Ezra Tanbun, Elma Putri Taufiqurrohman, Moch. Marsa Thoriq Mulahela Tonic Tangkau Trisadini Prasastinah Usanti Ulfa Septian Dika Vincentius Sutanto Wahyu Purnomo Wibisono, Angelica Milano Aryani Wibisono, Angelica Milano Aryani Wibisono, Berardus Bilyarto Wibisono, Jeniffer Avrillya Wibowo, Widyanti Wicaksana, Pradnya Widyaningrum, Sigmawati Widyanti Wibowo Windy Agustin Windy Agustin Yohana Apriliani Christianta Silaen Yulida, Devi Yuni Lathifah Yunia Utami Indah Haloho