The General Meeting of Shareholders is an activity that must be held annually by a
Limited Company, because the General Meeting of Shareholders will discuss about
annual reports and company activities. If the General Meeting of Shareholders is
not held, it will cause a legal consequences for the company. Legal Consequences
for the Company covers a very broad problem, so this research will focus on the
legal consequences of not implementing the Annual General Meeting of
Shareholders of a Limited Company at PT. Pitala Gunawan Raya. This research
uses empirical research methods with statute approach and the results is if the
general meeting of shareholders is not held by the board of directors and the board
of commissioners, which is their duty, then the entire annual report of the
company's activities carried out by the company's organs cannot be ratified.
Furthermore, if the general meeting is not held by the company, then it can be
detrimental to the shareholders because the shareholders do not obtain material
truth on all of the company's annual activities.