The Annulment of a General Meeting of Shareholders (GMS) Deed on Procedural Grounds
Who Protects the Board of Directors and Board of Commissioners?
DOI:
https://doi.org/10.46924/jihk.v8i1.452Keywords:
Procedural Defects, Legal Protection, Directors And Commissioners, Annulment of DeedAbstract
The dismissal of directors and commissioners through a procedurally defective General Meeting of Shareholders (GMS) generates legal uncertainty and creates opportunities for the abuse of authority within limited liability companies. This study aims to examine the legal consequences arising from the annulment of GMS minutes that are procedurally flawed and to analyze the effectiveness of legal protection afforded to corporate organs. The research employs a normative juridical method, utilizing a statutory approach and a case study of Decision Number 214/Pdt.G/2021/PN.Jkt.Utr. The findings indicate that a procedurally defective GMS deed is deemed null and void and, therefore, lacks binding legal force, resulting in the restoration of the positions of the directors and commissioners. In conclusion, legal protection has been relatively effective through civil and corporate law mechanisms; however, enhanced oversight and stricter procedural compliance remain necessary.
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