Document background
A Board Resolution For Issue Of Convertible Notes is a crucial corporate document required under Indonesian law when a company seeks to raise capital through convertible debt instruments. This document is typically used when a company needs to formalize its decision to issue convertible notes, whether for expansion, working capital, or other corporate purposes. The resolution must comply with Indonesian Company Law (Law No. 40 of 2007) and OJK regulations, particularly those governing debt securities and capital markets. It contains essential details about the note issuance, including terms, conditions, conversion rights, and authorizations. The document serves multiple purposes: it demonstrates proper corporate governance, provides evidence of authority for external parties, and creates an official record of the board's deliberations and decisions regarding the convertible note issuance.
