Legal Consequences of Limited Liability Company Law Which Has Not BeenGiven Legal Status Under Law No. 40 of 2007

Business or limited liability company that has not been legally must be thrust to obtain legalprotection as stipulated in the laws of the limited liability company contained in chapter xiii oftransitional provisions, article 157 paragraph (2) of law number 40 of 2007 which says the articles ofassociation of the company that have not obtained the status of the legal entity or the articles ofassociation that changes have not been approved or reported to the minister when this law entered intoforce , must be adapted to this law.. it also explained in the regulation of the minister of justice andhuman rights of the republic of indonesia number: m-01-ht. 01-10 of 2007 on the procedure to applyfor ratification of legal entity, described in article 6 paragraph (5) of this ministerial regulation alsoexplained that in case of application to obtain decree of the minister is not filed within 60 (sixty) daysfrom the date of the establishment deed signed, then the deed of establishment since the passage of theperiod and the company that has not obtained the status of the legal entity dislodged due to law and hispreaching was done by the founder. the impact caused by a company that has not obtained the status of alegal entity is very vulnerable, one of the impacts is that it will result in the establishment of the companybased on the decision of the district court in the application of prosecutors or stakeholders, as explainedin the law of limited liability company number 40 of 2007, contained in chapter xiii transitionalprovisions, article 157 paragraph 4. business that does not have a legal entity yet, certainly affects theeffort in case of legal issues. clearly an integral responsibility with the ownership of a business. soindividuals should be aware of the responsibility of business accountability when the business is not yet alegal entity.