Indonesian Covid-19 Response Acceleration Task Force has issued a new Circular Letter as a national guideline and reference which is CL No. 7 of 2020 on Criteria and Requirement for Travel in New Normal Adaptation Period towards Productive and Safe from Corona Virus Disease 2019 (Covid-19) Society.
“The purpose of POJK 18/2020 is to regulate the mechanism and procedure of written orders given to the banks. A written request contains some of the corporate actions which are conducting and receiving the consolidation, merger, acquisition, and/or integration.”
“POJK 16/2020 has made its possibility for public-listed companies to conduct General Meeting of Shareholders via an electronic mechanism.”
General Directorate of Immigration, Ministry of Law and Human Rights has stipulated Circular Letter Number IMI-GR.01.01-2493 of 2020 (“CL 2493/2020”) on Expansion of Circular Letter Number IMI-GR.01.01-2325 of 2020 on Temporary Suspension for Foreigners To Enter Republic of Indonesia Territory. The mentioned circular letter has stipulated additional provisions on entry permit procedures for Limited Stay […]
Approaching the religious day this May 2020, the Ministry of Manpower has issued a Circular Letter No. M/6/HI.00.01/V/2020 concerning Implementation of Payment of Religious Holiday Allowance of 2020 in Companies during the Corona Virus Disease 2019(COVID-19) Pandemic (“CL 6/2020”). Please find below the highlighted key figure of the mentioned CL 6/2020: Notwithstanding the current economic […]
“Manpower Law regulates the amount, form, structure, and mechanism of wage payment.” According to Law No. 13 of 2003 on Manpower, A wage is the right of the employee that is received and expressed in the form of money as remuneration from the employer to employee, which amount is determined and paid according to a […]
“The purpose of Perppu 1/2020 is to mitigate the impact of the pandemic under the framework of rescuing health, national economy, and recovery of the affected business.” Currently, the world has been suffered from the spread of Corona Virus Disease 2019 (“COVID-19”) that brought health risks to the community and caused fatalities for those infected […]
“However, while most other pharmacy businesses are limited or closed to foreign ownership, wholesale pharmacy is a bit unique.” Business license is one of the most important permits required when establishing a new business in Indonesia. Without business license, a company can’t legally operate even if it has been properly established and registered in the […]
“Retainer scheme is a personal, economical, and practical solution to your constant legal needs.” A general retainer agreement can be defined as an agreement between attorney and client in which the client agrees to pay a fixed sum to the attorney in exchange for the attorney’s promise to be available to perform, at an agreed […]
“In Indonesia, force majeure is also regulated under the Indonesian Civil Code (“ICC”). However, the ICC does not contain any general provision concerning force majeure, e.g. the definition or the scope of applicability.” According to the Merriam-Webster’s Dictionary (1996), ‘force majeure’ is defined as a superior or insuperable force, or an event (as war, labor […]
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