DIRECTORS' RESPONSIBILITIES AS LIQUIDATORS IN THE DISSOLUTION OF LIMITED LIABILITY COMPANIES

This article aims to examine the legal regulations regarding the responsibilities of directors as liquidators in the dissolution of limited liability companies. This journal article employs a normative legal research method that utilizes legislative and conceptual approaches by reviewing the Limited Liability Company Law. The regulations for the dissolution of limited liability companies are outlined in the Company Law Article. The dissolution of a company must be followed by liquidation carried out by a liquidator. In terms of appointing a liquidator, the Company Law only provides for the appointment of a liquidator similar to the general appointment of directors. This provision of the Company Law does not necessarily provide legal certainty for creditors or interested parties. Based on this, the issues can be raised regarding how the legal certainty of the regulation of Directors as Liquidators in the dissolution of Limited Liability Companies is established, as well as what the Responsibilities of Directors as Liquidators are in the presence of conflicts of interest within Limited Liability Companies.

Authors

Institutions

Publication Details

Journal
POLICY LAW NOTARY AND REGULATORY ISSUES (POLRI)
Published
2024-11-13
DOI
https://doi.org/10.55047/polri.v3i4.1483
Primary Topic
Corporate Insolvency and Governance
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

DIRECTORS' RESPONSIBILITIES AS LIQUIDATORS IN THE DISSOLUTION OF LIMITED LIABILITY COMPANIES

Anak Agung Sagung Nadya Prabandari, I Gede Yusa
POLICY LAW NOTARY AND REGULATORY ISSUES (POLRI)
Corporate Insolvency and Governance
article

DIRECTORS' RESPONSIBILITIES AS LIQUIDATORS IN THE DISSOLUTION OF LIMITED LIABILITY COMPANIES

Anak Agung Sagung Nadya Prabandari, I Gede Yusa
article en

Abstract

This article aims to examine the legal regulations regarding the responsibilities of directors as liquidators in the dissolution of limited liability companies. This journal article employs a normative legal research method that utilizes legislative and conceptual approaches by reviewing the Limited Liability Company Law. The regulations for the dissolution of limited liability companies are outlined in the Company Law Article. The dissolution of a company must be followed by liquidation carried out by a liquidator. In terms of appointing a liquidator, the Company Law only provides for the appointment of a liquidator similar to the general appointment of directors. This provision of the Company Law does not necessarily provide legal certainty for creditors or interested parties. Based on this, the issues can be raised regarding how the legal certainty of the regulation of Directors as Liquidators in the dissolution of Limited Liability Companies is established, as well as what the Responsibilities of Directors as Liquidators are in the presence of conflicts of interest within Limited Liability Companies.

POLICY LAW NOTARY AND REGULATORY ISSUES (POLRI)Vol. 3(4)
Udayana University (ID)
Openalex Percentile: Top 55%
Corporate Insolvency and Governance
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.