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International Law

: Indonesian Law Reporter (ILR)

Company Law to be Judicially Reviewed

By Mohamad Mova Al 'Afghani

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Still an unconfirmed news (will be confirmed if they log their case on the Court's registrar). Chairman of Apindo Sofjan Wanandi planned to submit a Judicial Review of the newly enacted Company Law to the Constitutional Court. He argued (link in Bahasa) that the Merger Rules on the new law -- which obligates companies to announce its merger decision prior to general meeting of shareholders-- was unfair.

I still don't know how it can violate the Constitution. Article 33 of the Constitution expressed that the economy is built upon a 'common endeavour' based on familial principles. I suppose, the families here could mean the workers too.

Full post as published by Indonesian Law Reporter (ILR) on August 19, 2007 (boomark / email).

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