Jurnal Akta
Vol 11, No 3 (2024): September 2024

Conflict of Interest by Director Which Also Act as Liquidator for Company Liquidation Process

Gaffar, Arif (Unknown)



Article Info

Publish Date
09 Sep 2024

Abstract

This article delves into the complexities surrounding conflicts of interest faced by directors involved in company liquidation processes. Furthermore, the article also examines the legal and ethical dimensions of such conflicts, considering the director's fiduciary duties and responsibilities to act in the best interests of the company, shareholders, and creditors. Conflicts may arise when directors have personal interests or relationships that diverge from their duty to prioritize the company's welfare. The abstract underscores the significance of transparency, disclosure, and adherence to corporate governance principles in navigating these conflicts effectively. Through an analysis of relevant regulation frameworks, this article examines insights into identifying conflicts of interest within the Company, especially when the Director are appointed as the liquidator.

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Journal Info

Abbrev

akta

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

JURNAL AKTA (eISSN : 2581-2114, pISSN: 2406-9426) is a peer-reviewed journal published by Master Program (S2) Notary, Faculty of Law, Sultan Agung Islmic University. JURNAL AKTA published four times a year in March, June, September and December. This journal provides immediate open access to its ...