Piercing Corporate Veil : Is The Decision in Salomon vs Salomon "Calamitous" as Described by Khan Freund In The Light Of Modern Company Law ?  

Oleh:

Wiston, Kenny

Jenis: Article from Journal - ilmiah nasional - tidak terakreditasi DIKTI
Dalam koleksi: Jurnal Hukum Bisnis vol. 15 (2001), page 82-86.
Topik: CORPORATE; corporate veil; calamitous; company law

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ102.2 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Generally, people prefer to choose Limited Liability Company as a Corporate body for their new established company, since they confide that shareholders have not personally hold resposibilities for the company's financial loss, expect what are stated in their nominal shares. As a corporate body, the company is seprated entity to the shareholders and officers. The shareholders and officers of the company subject only to specific liabilities in the Company Act. As time goes by, the limited liabilities principle is no longer prevailed universally since there are some expections known as statutory expection and juridicial expection. This expectional principle is called as piercing corporate veil. This paper discusses the comparative study of Limited Liability Company in the view of Anglo - Saxon Law and that of Indonesian Law.

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