CONTROL SHEET - Liquidation Process

FOREIGN CONSTRUCTION COMPANY REPRESENTATIVES OFFICE (BUJKA)

DURATIONS TARGET
NO ACTIVITIES DELIVERABLES STATUS WEIGHT PROGRESS EARNED REMARKS
(days) DATE

1 PHASE I
a. Pre- Liquidation (Legal Audit BUJKA) 3
Compilation of documents on administration preparation with regard to
Company Liquidation
b. Deliverables
- Power of Attorney from Board of Directors 2 POA from BOD
- Power of Attorney Ratification from Embassy of Republic of Indonesia 5 Ratification of POA
2 PHASE II 94 0% 0,00%
a. The First Public Announcement in the National Daily Newspaper Announcement National Daily Newspaper
(Re: Company Liquidation Plan)
b. Compilation of documents and administration preparation with regard to
Liquidator - Creditor Settlement Meeting
BUJKA Assets Inventory and Assets Liquidation (if any) -
Cash Distribution/Payment Control (if any) Budgeting Cash Flow
Contract/Agreement with 2nd Parties and Employment Contract Inventory Contract Analysis, Empoyment Contract
Inventory
Other Liabilities (including but not limited to Taxes) Tax Exposure Analysis
c. Creditors Verification Document Verificator Documents
d. Liquidator and Creditors Meeting (if any) Minutes of Meeting
e. Preparation of Creditors Settlements such as Contract Termination, Payment to
Creditor Settlement Documents
Creditors and Employment Settlements
f. Licenses and Permits Revocation
Revocation of Business Number (NIB) and Business Permits (Izin Usaha) issued Notification of Revocation Letter issued by OSS
by Online Single Submission (OSS) System at Board of Investment System
Coordination (BKPM)
Revocation of Ministry of Workforce - KITAS (working permit) -
Membership Acccount Closure of Social Security (BPJS Kesehatan and Closure notification issued by social security
Ketenagakerjaan) system
Assistance for Taxes Revocation Notification letter from Tax Office
g. Providing corespondence to Ministry of Public Works (Re.: Liquidation Process Formal Letter
Updates)
3 PHASE III 0% 0,00%
a. Submission of Liquidation Report to Ministry of Public Works wth regard to Formal Letter
7
revocation of BUJKA's legal status
b. Submission of Final Report of Liquidation Activities Results to Parent Company Final Report
1

TOTAL 0% 0,00%