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All Journal Economic Journal of Emerging Markets Jurnal Hukum IUS QUIA IUSTUM Journal of Law Science Jurnal Hukum Bisnis Unisia
Khairandy, MH SH, Ridwan
Fakultas Hukum, Universitas Islam Indonesia, Yogyakarta
Religion Humanities Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

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Journal : Journal of Law Science

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Implementation of Piercing The Corporate Veil By Shareholders in Limited Liability Companies Aditya Indra Renaldi; Ridwan Khairandy; Bagya Agung Prabowo
Journal of Law Science Vol. 4 No. 4 (2022): Law Science
Publisher : Institute Of computer Science (IOCS)

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Abstract

This study aims to obtain data and information or information for: Knowing the Implementation of Piercing The Corporate Veil by Shareholders in Limited Liability Company law, Knowing the implementation of Piercing The Corporate Veil by holders share. The approach used in writing this thesis is a normative juridical approach. This means reviewing statutory provisions while still addressing existing problems as well as researching their implementation in practice. only as a tool used by shareholders to fulfill their personal goals, usually these illegal acts are carried out by majority shareholders who do not have good intentions. If a shareholder commits an unlawful or fraudulent act on behalf of the company, he must be responsible for his personal wealth, and this is detrimental to shareholders and stakeholders. Recognition of this principle is something that is generally accepted in any legal system, in the Indonesian legal system it is expressly recognized by UUPT Number 1 of 1995, through Article 3 paragraph (1). 2. Piercing the Corporate Veil by shareholders can be enforced as stated in Article 3 paragraph (2) which states that if there is a mixing of the shareholder's personal assets with the company's assets, then the limited liability will be abolished. The holder of 101 shares is not only responsible for the capital deposited in the company, but must bear the risk to personal assets, if the company suffers a loss, then the responsibility becomes unlimited or no longer a legal act of PT.
Co-Authors Aditya Indra Renaldi Bagya Agung Prabowo M. Syamsudin