Document background
The Removal of Director Resolution is a crucial corporate governance document used in Indonesian companies when shareholders decide to terminate a director's appointment. This document is required under Law No. 40 of 2007 on Limited Liability Companies and must be prepared whenever a director is to be removed before the end of their term or under circumstances specified in the company's Articles of Association. The resolution typically follows a general meeting of shareholders where the removal is approved and must include specific details about the meeting, voting results, and grounds for removal. It serves multiple purposes: documenting the corporate decision-making process, fulfilling regulatory requirements, and providing legal protection for the company. The document is particularly important for updating company records with the Ministry of Law and Human Rights and other relevant authorities in Indonesia.
