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All Journal Legal Standing : Jurnal Ilmu Hukum Indonesian Journal of Interdisciplinary Research in Science and Technology (MARCOPOLO)
Rolib Sitorus
Universitas Pelita Harapan Medan
Humanities Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Education Law, Crime, Criminology & Criminal Justice Social Sciences

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THE ESTABLISHMENT OF HOLDING COMPANY FOR INDONESIAN STATE-OWNED ENTERPRISES (OPTION OR REQUIREMENT) Rolib Sitorus
Legal Standing : Jurnal Ilmu Hukum Vol 2, No 1 (2018): Maret
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (447.415 KB) | DOI: 10.24269/ls.v2i1.1010

Abstract

Sometimes, a big company that has developed business broadly needs to be divided based on their business categories. However, it will be effective if the divided, independent companies, hereby called as subsidiaries, are controlled and managed by certain central leader. Therefore, those subsidiaries and other former companies with the same owner or correlated by particular relation are managed and owned by an independent parent company. This parent company is what is defined as holding company. Holding company or parent company is a company that aims to own the shares of one or more other companies and to control them. Usually, a holding company owns many subsidiaries focusing in different field of business. Generally, there are three procedures available in the process of establishing a holding company. They are (1) residue procedure, (2) complete procedure, and (3) structured procedure.
The Validity of Signing an Authentic Deed by a Notary Virtually in the Covid-19 Pandemic Cheryl Deslyn; Rolib Sitorus
Indonesian Journal of Interdisciplinary Research in Science and Technology Vol. 2 No. 4 (2024): April 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/marcopolo.v2i4.8820

Abstract

The purpose of this writing is to find out the legal consequences carried out by Notaries who are signing the deeds virtually in the Covid-19 pandemic situation and to find out the urgency of changes that occur regarding authentic deeds that virtually will obtain certainty, benefit and legal protection not only for notaries but also for the community. The results of the research and analysis in this writing are that electronic signatures have actually been regulated in Indonesia in Law Number 19 of 2016 concerning Information and Electronic Transactions. It's just that virtual signing of deeds using electronics has not yet obtained a strong legal basis in Indonesia. Legal certainty also cannot be achieved because there are still conflicting provisions in Law Number 2 of 2014 concerning the Office of a Notary. During the Covid-19 pandemic, many professions were able to carry out their duties by utilizing electronics but notaries were excluded because there were no specific rules that clearly regulated it and there were various legal consequences which resulted in uncertainty, injustice and no legal protection for notaries. Therefore, changes to laws and regulations or legal products are needed in order to achieve legal synchronization and harmonization. The government needs to increase the role of the notary in accordance with the times and regulate the legal force and data authenticity as well as the power of electronic deeds in proof which have been an obstacle so far.
Co-Authors Cheryl Deslyn