Document background
A Board Resolution For Power of Attorney is a crucial corporate governance document used in Indonesian business practice when a company needs to formally delegate authority to specific individuals or entities to act on its behalf. This document is particularly important when companies need representatives to handle significant transactions, legal proceedings, or administrative matters. It must comply with Indonesian corporate law, particularly Law No. 40 of 2007 and the Indonesian Civil Code (Kitab Undang-undang Hukum Perdata). The resolution should clearly outline the scope of authority, duration, and any limitations, and may require notarization depending on its intended use. It's commonly used for both domestic and international business operations, requiring careful consideration of cross-border legal requirements when used internationally.
