A. INTRODUCTION Nowadays, development of business in Indonesia is growing rapidly. Indonesian businessmen are protected through Law No. 40 of 2007 concerning to Limited Liability Company (“Law No. 40 of 2007”), its protection means there is a limited liability which given to the organ company (Shareholders, Board of Director and Board of Commissioner) in the event of occurring Company’s loss and/or bankruptcy. That thing happens because Limited Liability Company is recognize