Document background
Shareholder Minutes are essential corporate documents required for all Indonesian companies under Law No. 40 of 2007 on Limited Liability Companies. These minutes serve as the official record of shareholders' meetings, whether annual general meetings (RUPS Tahunan) or extraordinary general meetings (RUPS Luar Biasa). The document must capture all key aspects of the meeting, including attendance, discussions, voting results, and resolutions passed. For public companies, additional requirements apply under OJK regulations. The minutes must be prepared in Bahasa Indonesia, though bilingual versions are common for companies with foreign shareholders. Proper maintenance of Shareholder Minutes is crucial for corporate governance, legal compliance, and providing evidence of properly authorized corporate actions.
