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All Journal Unes Law Review Edunity: Kajian Ilmu Sosial dan Pendidikan
Marlianti, Selly
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Humanities Computer Science & IT Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Physics Public Health Social Sciences

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Juridical Analysis of Interlocking Directorate in the Perspective of Fiduciary Duty Theory Marlianti, Selly; Djaja, Benny
Edunity Kajian Ilmu Sosial dan Pendidikan Vol. 2 No. 9 (2023): Edunity : Social and Educational Studies
Publisher : PT Publikasiku Academic Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57096/edunity.v2i9.132

Abstract

This article discusses the issue of concurrent positions of directors in a company has resurfaced in Indonesia, causing problems lately. The practice of holding multiple positions presents a potential avenue for individuals to exploit their authority for personal gain, as well as for the benefit of affiliated parties. The potential for conflicts of interest, including corruption, collusion, and nepotism, even exists in concurrent positions. The research method used is normative because what is studied is the legality of the interlocking directorate of directors and board of commissioners in the Company as seen from its regulations in the Law and other related regulations. This study focused on examining the legality of the interlocking directorate of directors and board of commissioners in PT. The result is that concurrent positions are not explicitly prohibited by the Limited Liability Company Law, but it is very important for the Board of Directors and the Board of Commissioners to have a ban on concurrent positions in the Company Regulations, Articles of Association, and Code of Ethics and Business Conduct. Code adherence ensures all stakeholders comply with company policies. Law Number 5 of 1999, especially Article 26, prohibits concurrent positions if the companies in which the directors serve are not in the same relevant market, have a close relationship, or jointly control the market share of certain goods and services, which has the potential to result in a monopoly. Unfair business practices and competition
Akibat Hukum Notaris Mengubah Akta Pengikatan Perjanjian Jual Beli (PPJB): Studi Putusan Nomor: 688/PDT.BTH/2022/PN.JKT.SEL Marlianti, Selly; Farma Rahayu, Mella Ismelina
UNES Law Review Vol. 6 No. 2 (2023)
Publisher : Universitas Ekasakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31933/unesrev.v6i2.1386

Abstract

The issue of the binding of the sale and purchase agreement (PPJB) in this case originates from the turmoil of buying and selling shop houses in Pasar Minggu, South Jakarta, between Harijanto Latifah and Tri Rahadian Sapta Pamarta, culminating in a civil lawsuit by Tri Rahadian at the South Jakarta District Court. The South Jakarta District Court decided that Tri Rahadian is the rightful owner of the land and shop house in Pasar Minggu, South Jakarta, and annulled the Deed of Agreement to Buy and Sell (PPJB) deemed defective and legally ineffective. The issue that will be the basis for analysis is the legal consequences for the aggrieved sellers due to the unlawful actions of the notary. The research results show legal protection for the sellers regarding changes to the Deed of Agreement to Buy and Sell (PPJB) by the Notary without their knowledge. Thus, the sellers have the right to annul changes made by the Notary without their approval, and ethical violations by the Notary can result in legal claims and sanctions in accordance with applicable regulations. Legal consequences that the Notary may face include the invalidation of the deed, ethical sanctions, and potential civil lawsuits. Sellers have the right to question the validity of changes made by the Notary and can file compensation claims. Administrative sanctions that may be imposed on the Notary emphasize the importance of compliance with professional ethical codes.
Co-Authors Djaja, Benny Mella Ismelina Farma Rahayu