Document background
A Shareholder Resolution Appointing Directors is a crucial corporate governance document required under Indonesian law whenever new directors are appointed to a company's board. It must comply with Law No. 40 of 2007 on Limited Liability Companies and, where applicable, OJK regulations for public companies. The resolution should be used when shareholders decide to appoint new directors, whether filling vacant positions or expanding the board. It documents the appointment decision, including details of the shareholders' meeting or circular resolution, voting results, and specific information about the appointed directors. The document serves multiple purposes: it's needed for corporate record-keeping, regulatory filings with the Ministry of Law and Human Rights, and can be required by banks and other institutions as evidence of valid director appointments.
