Elena Weekly Legal Updates
Legal Update

Elena Weekly Legal Updates

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…