Professional Documents
Culture Documents
A . PENDAHULUAN
I Bona fide berarti: in or with good faith; honestly; openly; and sincerely; without deceit
or fraud; etc. (Black's Law Dictionary).
2 Barwick CJ , Me Tiernan and Kitto JJ in Harlowe's Nominees Pry Ltd v Woodside (Lakes
Ellfrance) Oil Co NL (1968) 121 CLR 483 at 493; dimuat dalam H A J Ford, page 288.
a third party , except with the company's fully informed consent (the
conflict rule).
• company directors must not misuse their position for their own or a
third party's possible advantage, except with the company's fully
informed consent, and therefore they maust account to the company
for any gain which they make in connection with their fiduciary office
(the profit rule).
• company directors must not misappropriate the company's property
for their own or a third party's benefit (the misappropriation rule)'.
Prinsip di atas konsepnya berbeda satu sarna lain, tetapi seringkali
diterapkan bersamaan dan berhimpitan.
Russel sendiri), yaitu bahwa direksi itu dapat memperoleh keuntungan bila
hal itu dilakukan setelah mereka berhenti dari jabatan, atau berada pada
posisi yang tidak ada hubungan ''fiduciary duty" lagi. Pada sisi lain
putusan ini, dalam hal perusahaan tidak memiliki kemampuan keuangan,
direksi akan menahan diri untuk tidak melakukan yang terbaik bagi
perusahaan. Hakim lain, Lord Greene bersedia menerima bahwa direksi
tersebut dapat memperoleh keuntungan, bila dapat dibuktikan bahwa uang
untuk membeli saham tersebut hanya dapat diperoleh dari pribadi direksi
tersebut, dan ini adalah satu-satunya cara yang terbuka bagi para direksi
tersebut, maka tuntutan perusahaan dapat dikalahkan.
«
Tetapi dalam kasus Peso Silver Mines Ltd v Cropper 1966) 58
DLR (2d) I, pengadilan berpendapat bila "Board of Directors" telah
menolak "corporate opportunity" secara bona fide dan demi kebaikan
perusahaan, maka direksi dapat mengambil kesempatan tersebut untuk
dirinya sendiri. Kasus ini adalah sebagai berikut:
Peso Silver Mines LId v Cropper concerned a managing director, C,
who took up a mining opportunity which his company, Peso, had
rejected mainly because of lack of funds. Early in 1962 Peso's
directors, including C, were told of mining claims neear claims it
already held which were available for acquisition by Peso. The
directors decided that it was inadvisable for Peso to acquire Ihe
claims because its finances were limited. Later C and other
purchased the claims at the price at which they had been offered to
Peso, and caused a new company to be formed to take them over.
Another company was formed to develop the claims. C acquired
shares in both the new companies in return for his share in the
claims being transfered to the first new company. After the control
of Peso changed, C was dimissed and Peso sued him, claiming that
he was accountable for his shares in the new companies.
Peso did not succeed at first instance, on appeal to the British
Columbia Court of Appeal, or on further appeal to the Supreme
Court of Canada. The last Court said that C did not obLain his
interest in the new companies by reason of his position of director of
Peso and in execution of that office. When the claims were offered lO
Peso it was C's duty to take part in the decision of the board as 10
whether the offer should be accepted. There were crucial findings of
fact that C and his co-directors acted in good faith, solely ill the
interests of Peso and with sound business reasons in rejecting the
offer. C had not acquired as director any information unavailable to
any prospective purchaser. Later, when C was approached as a
10 Ibid.
IIa constructive trust is a relationship with respect to property subjecting the person by
whom the title to the property is held to an equitable duty to convey it to another on the
ground that his acqllsition or retention of the property is wrongful and that he would be
unjustly enriched if he were permitted to retain the property (Black's Law Dictioanary ,
page 314-3(5).
E. KESIMPULAN
I. Tiga prinsip dalam doktrin fiduciary adalah aturan berupa: a) the
conflict rule; b) the profit rule; dan c) the misappropriation rule.
2. Direksi tidak boleh berada dalam posisi dimana kepentingan pribadi
bertentangan dengan kepentingan perusahaaniperseroan. Direksi harus
selalu mengutamakan atau melayani kepenringan perusahaani
perseroan.
3. Direksi tidak boleh mengambil keuntungan pribadi, yang diperolehnya
dalam hubungan atau karena kedudukannyaijabatannya sebagai direksi.
Direksi dilarang melakukan self dealing atau mengalihkan corporate
opportunity .
DAFTAR PUSTAKA