Document background
A Shareholder Written Resolution is utilized in Indonesian corporate governance when decisions need to be made by shareholders without convening a physical general meeting. This document type is particularly useful for companies with a small number of shareholders or when urgent decisions are required. Under Indonesian Law No. 40 of 2007, certain corporate actions can be approved through written resolutions, provided they meet statutory requirements and quorum thresholds. The document must clearly state the proposed resolutions, include all necessary supporting information, and obtain proper shareholder signatures. Some resolutions may require notarization, especially those involving major corporate changes. This format is widely used for routine corporate matters but may not be suitable for all types of shareholder decisions, as some matters specifically require physical meetings under Indonesian law.
