What is meant by company owners in the legal system of limited liability companies based on the provisions of the Law on Limited Liability Companies are Shareholders, both majority shareholders, and minority shareholders. So that the responsibility of the owner of the company for company losses, can also be charged to him.
Legally, the controlling authority of the company is in the Board of Directors, which later will be accounted to the General Meeting of Shareholders. Indeed, in the practice some Shareholders are also directors or commissioners of the company, this is what makes them appear to be the authorities and determiners of all the company’s policies.
Then to what extent is the responsibility of the owner of the company for the loss of the company, in this case, the shareholders towards the company that causes loss or debt to other parties?
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