Legal Consequences of the Annulment of a Decision on Amendment to the Articles of Association for Shareholders in a Limited Liability Company (Case Study of Decision No. 196/G/2019/PTUN-Jkt

Authors

  • Muhammad Ilham Bustari Universitas Andalas, Indonesia

DOI:

https://doi.org/10.59141/jrssem.v5i2.1060

Keywords:

Annulment of Decree, Amendment of Articles of Association, Limited Liability Company

Abstract

Amendments to the Articles of Association of a Limited Liability Company in Indonesia must be carried out through a General Meeting of Shareholders (GMS), notarized in a deed, and approved by the Ministry of Law and Human Rights. The case of PT. Optimalah Mineral in Decision No. 196/G/2019/PTUN. Jkt demonstrates that the annulment of such amendments can have significant impacts on shareholders, underscoring the importance of procedural compliance. This study, using a normative juridical method and case study approach, analyzes the legal consequences of annulling the Ministry’s decree on the Articles of Association and the court’s legal considerations. The findings show that the annulment affects the legal status, ownership, and economic rights of shareholders, while also revealing violations of the general principles of good governance. These results are expected to contribute to the development of corporate and notarial law and serve as a reference for notaries, shareholders, and regulators.

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Published

2025-09-13

How to Cite

Bustari, M. I. (2025). Legal Consequences of the Annulment of a Decision on Amendment to the Articles of Association for Shareholders in a Limited Liability Company (Case Study of Decision No. 196/G/2019/PTUN-Jkt. Journal Research of Social Science, Economics, and Management, 5(2), 3168–3174. https://doi.org/10.59141/jrssem.v5i2.1060

Issue

Vol. 5 No. 2 (2025): Journal Research of Social Science, Economics, and Management

Section

Articles

License

Copyright (c) 2025 Muhammad Ilham Bustari

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