Under this plan, an integrated court case management system is being implemented to streamline and standardize electronic court processes across different levels of courts. This will start with the District and Summons Courts of the Magistrates’ Courts, where use of iCMS will initially be voluntary. Key proposals include permitting the electronic filing or sending of documents, the serving of documents between parties electronically and the use of digital and other electronic signatures for court-related documents. The courts can achieve this in various ways, including by taking payments to the company into account when calculating a shareholder’s loss, preventing a shareholder from claiming until the company has had a chance to do so, or joining a shareholder and company into the same legal proceedings. In his view, the rule is not a novelty of company law; rather, it is a way of guarding against double recovery.
Mandatory Use of Rupiah in Indonesia Indonesia’s central bank, Bank Indonesia, recently issued BI Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of the Rupiah within the Republic of Indonesia, which restricts the use of foreign currency in domestic transactions conducted within Indonesian territory. Establishing a Presence in Indonesia from Abroad The most common option for an overseas company as a foreign investor to establish a presence in Indonesia is by setting up a limited liability company (Perseroan Terbatas ) with foreign ownership . Government to Issue Regulation to Re-order or Revoke IUPs For the past five years, the Ministry of Energy and Mineral Resources has sought to tidy up historic anomalies in the issuance of mining business permits . Against this background, it has been recently floated in the media that the MEMR may soon issue a regulation to sort out problematic IUPs. Regulation 85 introduces the concept of Bonded Logistics Centres as one type of Bonded Storage Places in Indonesia. Licensing of Insurance and Reinsurance Providers in Indonesia Insurance and reinsurance companies doing business in Indonesia must be licensed by the Financial Services Authority .
Data Categorization for Electronic System Operators Providing Public Services The MOCI has issued a draft amendment to Government Regulation No. 82 of 2012 which requires electronic system operators providing public services to have onshore data centers and disaster recovery centers. Foreign Employees and Termination Benefits in Indonesia Supreme Court Circular Letter No. 1 of 2017 provides legal certainty that foreigners can only be employed in Indonesia under a fixed-term employment agreement for the period of their work permit. SEMA No. 1 eliminates any possible future claims that foreign employees are permanent employees and thus enjoy statutory termination benefits under the Manpower Law. The New Tax Holiday Regulation of Indonesia New Minister of Finance regulation offers more attractive corporate income tax reduction facilities for investors. Franchise Agreements in Indonesia A franchise, under Indonesian regulations, is defined as a special right owned by an individual or a legal entity to a unique business system that has proven successful in selling goods and/or services, and can be used by another party based on a Franchise Agreement.
- For more information on this latest development, click here to read Ben Hardiman’s article.
- Current law requires drivers to move over or slow down for specific types of vehicles.
- When you join one of our local affiliates, you automatically become a member of the Florida Apartment Association.
Following the judgment, the Commission is liaising regularly with the Department for Communities and will provide more information as soon as this becomes available. This is a temporary solution only and allows for applications, requests and queries to be processed as usual by the registration team up to the point at which they could make a recommendation to Commissioners for decision. However, as Commissioners work on a part time basis, are not based at the Commission’s office and are also tasked with a range of other strategic oversight functions, they currently only have the capacity to make decisions on a smaller number of cases than was previously possible.
Once the article is received, it is forwarded to our two reviewers after removing names of authors and their affiliations. Reviewers send their comments in due course of time and these comments/ queries are forwarded to authors to make corrections or offer explanations. Once the reviewers are satisfied with corrections in manuscripts or explanations given by authors, authors are conveyed the decision of acceptance of article. If author/s refuses to make corrections as suggested by reviewers, manuscript is rejected for publication. The United Kingdom’s departure from the European Union officially took place on 31 January 2020. There is now a transition period until the end of 2020 while the UK and EU negotiate additional arrangements, with current rules continuing to apply during this period.
Legal Update: Spring 2019
The Supreme Court has overturned the 2019 Court of Appeal decision Cooper v Debut Homes Limited NZCA 39 and restored the orders made by the earlier High Court decision, reminding directors that the broad duties under the Companies Act require consideration of the interests of all creditors, and not just a select group. This is the first time New Zealand’s highest court has considered sections 131, 135 and 136 of the Companies Act, making this a significant decision. Up to three employees receive the discounted member rate at all events and professional development opportunities. Training & Development – through our training partnerships we offer a wide range of training and development events held around the country. HWL Ebsworth regularly publishes articles and newsletters to keep our clients up to date on the latest legal developments and what this means for your business.
Essential Legal Update 2020
The published code is very much aligned with what responsible commercial landlords and tenants have already been doing during the pandemic so far. Continuing to move forward with a spirit of collaboration and co-operation is vital as we approach the June quarter day, both to keep businesses moving and, as the economy starts to open back up, ensure the recovery is mutual. As far as possible, any service or insurance charge payable under the lease should continue to be paid in full. Tenants should prioritise payment of service and insurance charges ahead of payments of rent, to ensure that buildings can continue to be insured and safely maintained so that they are ready to support the economy’s recovery after the COVID-19 crisis. The first of those three measures appears to be driven by new data released on 19 June 2020, showing that the planning permission for 24,000 homes would have expired at the end of this month, along with more permissions expiring soon thereafter.