scholarly journals THE PRINCIPLE’S RULE OF NO PAR VALUE SHARES OF TRADING IN STOCK

2015 ◽  
Vol 15 (2) ◽  
Author(s):  
Nur Sayidah ◽  
Ida Keriahenta Silalahi
Keyword(s):  
Capital Market ◽  
Research Method ◽  
Legal Protection ◽  
Company Law ◽  
Market Regulation ◽  
Legal Certainty ◽  
Normative Approach ◽  
The World ◽  
Global Nature ◽  
Capital Market Regulation

Regulation of no par value shares in Indonesia is necessary because the stock market can not apply article 31 paragraph (2) of the Company Law number 40, 2007 because there is no further adjustment. This condition are known with the legal vacuum. The purpose of this article is to find the model of no par value shares regulation in Indonesia Capital Market. Further regulation of no par value shares is needed to fulfill this legal vacuum.  Research method in this artikel is using normative approach.  The results show that regulation of no par value share must fulfill four principles. There are (a) the principle of workable (b) the principle of global nature (compatible for domestic exchange rules  and the world exchange rules), (c) the principle of legal certainty in justice (d) the principle of legal protection. Keywords: capital market, regulation, principle.

scholarly journals PENERBITAN SAHAM BANK BUMD TERBUKA TANPA HAK MEMESAN EFEK TERLEBIH DAHULU DIHUBUNGKAN DENGAN FUNGSI PASAR MODAL SEBAGAI ALTERNATIF PEMBIAYAAN PERUSAHAAN DAN INVESTASI

2020 ◽  
Vol 2 (1) ◽  
pp. 1-20
Author(s):  
Nia Kania ◽  
R Kartikasari ◽  
Etty Djukardi
Keyword(s):  
Local Government ◽  
Capital Market ◽  
Market Price ◽  
Legal Protection ◽  
Market Regulation ◽  
Legal Certainty ◽  
Government Investment ◽  
Capital Market Regulation ◽  
The Government ◽  
Owned Company

ABSTRAK Salah satu fungsi utama pasar modal adalah sebagai salah satu alternatif pembiayaan bagi perseroan atau investasi, Perseroan terbuka dapat melaksanakan penambahan modal dengan menerbitkan lembar saham baru di pasar modal melalui mekanisme Hak Memesan Efek Terlebih Dahulu atau melalui mekanisme Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu (selanjutnya disebut PMTHMETD). Namun demikian karena mayoritas pemegang saham BUMD adalah Pemerintah Daerah, terdapat ketidakharmonisan antara regulasi yang berlaku di pasar modal untuk aksi korporasi penambahan modal perusahaan dengan regulasi yang berlaku untuk pelaksanaan investasi Pemerintah Daerah sehingga menjadi kendala dalam pelaksanaannya. Penelitian ini bersifat deskriptif analitis dengan menggunakan pendekatan yuridis normatif. Hasil penelitian menunjukkan urgensi pemerintah untuk menyelaraskan regulasi yang berlaku dalam investasi pemerintah daerah dengan aturan yang berlaku di pasar modal mengingat terdapatnya BUMD berstatus perusahaan terbuka, selain itu BUMD berstatus terbuka dalam melakukan aksi korporasi penambahan modal selain PMT HMETD dapat melalui mekanisme HMETD untuk meminimalisir adanya risiko harga eksekusi yang lebih tinggi dari harga pasar. Belum adanya payung hukum yang tegas dalam regulasi investasi pemerintah daerah pada BUMD berstatus perusahaan terbuka tidak mencerminkan asas kepastian hukum, yaitu bagi pemerintah daerah selaku investor dan BUMD itu sendiri sebagai perusahaan terbuka. Kata kunci: BUMD terbuka; kepastian hukum; pasar modal; PMT HMETD. ABSTRACT One of the main functions of capital market is as an alternative financing for a company or investment, a public company can carry out additional capital by issuing new shares through rights issue or through the mechanism of “Without Pre-emptive Rights” (PMTHMETD). However, because the majority of shareholders are Regional Governments, there is a gap between capital market regulation with Local Government investment regulation, so it becomes an obstacle in its implementation. This research is a descriptive analytical study using a normative juridical approach. The results show the urgency of the government to harmonize applicable regulations in the implementation of local government investment with capital market regulation considering there are Public Listed Regional Owned Company, however Public Listed Regional Owned Company in carrying out corporate actions can increase capital through the “with pre-emptive rights” or HMETD mechanism to minimize the risk of execution price which is higher than the market price. The absence of a firm legal protection in the regulation of local government investment in Public listed Regional Owned Company does not reflect the principle of legal certainty, namely for the local government as an investor and the Regional Owned Company itself as a public listed company.Keywords: capital market; legal certainty; Non Pre-emptive Rights; public listed regional owned company

scholarly journals Legal Protection of Brand Rights Holders for Brands Counterfeiting in E-Commerce in Indonesia

2020 ◽  
Vol 7 (2) ◽  
pp. 96-101
Author(s):  
Gede Angga Prawirayuda ◽  
I Nyoman Putu Budiartha ◽  
Ni Luh Made Mahendrawati
Keyword(s):  
Research Method ◽  
Legal Protection ◽  
Moral Rights ◽  
Legal Certainty ◽  
Legal Research ◽  
Economic Rights ◽  
Domain Names ◽  
The World ◽  
The Government ◽  
Internet Networks

The most detrimental thing is the use of domain names on internet networks that often use company name, brand and services without permission from the brand owner. The position of the brand is very important in the world of advertising and marketing. That happens because consumers in choosing a product related to the reputation of a brand, based on a sense of trust in the experience in using products with that brand. Aside from being a differentiator of a product with other products, a brand is also a valuable and commercial asset that has moral rights and economic rights. This study aims to analyse the preventive and repressive legal protection of trademark rights holders in e-commerce transactions. This research was conducted using the normative legal research method. The results of this study indicate that the preventive legal protection of trademark rights holders in e-commerce transactions is to register the trademark. The emphasis on preventive protection in this research is related to guarantees of the exercise of rights for brand rights holders in e-commerce transactions. That the presence of the government by drafting the Electronic Commerce Act and conducting socialization related to the legal protection of the parties in e-commerce is expected to be able to provide legal certainty of legal protection. Repressive legal protection in resolving trademark disputes is expected to create a guarantee for the enforcement of the rights of registered trademark rights holders in e-commerce transactions. Settlement of trademark disputes in e-commerce transactions can be done in 2 (two) ways, namely litigation and non-litigation.

scholarly journals PERLINDUNGAN HUKUM BAGI KREDITUR DALAM HAL DEBITOR MENYEWAKAN OBJEK JAMINAN FIDUSIA KEPADA PIHAK KE TIGA (ANALISIS KASUS PUTUSAN MAHKAMAH AGUNG NOMOR 1271 K/PDT/2016)

2018 ◽  
Vol 1 (1) ◽  
pp. 1453
Author(s):  
Delvina Alodia ◽  
Endang Pandamdari
Keyword(s):  
Research Method ◽  
Legal Protection ◽  
Secondary Data ◽  
Private Law ◽  
Legal Certainty ◽  
The World

Fiduciaire Eigendomsoverdracht or as otherwise known as Fiduciary Transfer of Ownership or Fiduciary Security, is a type of security that has now been used by many people and cannot be denied its importance in the world of private law. In Fiduciary Security, the objects will which remain in control of the person or entity which provides a fiduciary security over the objects (Fiduciary Provider). That is why this security is used to give the fiduciary beneficiary a form of legal certainty and to secure repayment of certain debt. But in reality, there are still many problems concerning this such as the fiduciary beneficiary who doesn’t register the object at the Fiduciary Registration Office, the fiduciary provider doesn’t pay their debts or they may have rented or possibly sold the objects. In this situation, the fiduciary beneficiary faces an immense loss. This journal focuses on the problem where the fiduciary provider has rented the object to another party without the fiduciary beneficiary’s knowledge and what legal protection does the fiduciary beneficiary has concerning this situation. The research method this journal uses is a normative method with the usage of secondary data and qualitative analization. The results of this research is to give a picture of the preventive and repressive legal protection for the fiduciary beneficiary in regards to the fiduciary provider having sold the object without the fiduciary beneficiary’s knowledge.

scholarly journals Akses Karya Cipta Audiobook Bagi Disabilitas Netra : Perspektif HAM

Acta Comitas ◽  
2019 ◽  
Vol 4 (3) ◽  
pp. 433
Author(s):  
Bagus Gede Ari Rama Bagus Gede Ari Rama ◽  
Ni Ketut Supasti Dharmawan
Keyword(s):  
Research Method ◽  
Government Regulation ◽  
Legal Protection ◽  
People With Disabilities ◽  
Comparative Approach ◽  
Blind People ◽  
Legal Certainty ◽  
Legal Research

Audiobook access for people with disabilities is very important. Access is the convenience that people get from a service. This study aims to analyze the legal certainty and legal protection of audiobook copyright access for blind people with disabilities. This study uses a normative legal research method with a statutory approach and comparative approach. This research found that access to audiobooks' works has been regulated in the Marrakech Treaty, Copyright Act Number 28 of 2014 and Government Regulation Number 27 of 2019. Akses karya cipta audiobook bagi disabilitas sangat penting. Aksesibilitas merupakan kemudahan yang didapat oleh orang terhadap suatu layanan. Penelitian ini bertujuan untuk menganalisis kepastian hukum serta perlindungan hukum akses karya cipta audiobook bagi disabilitas tuna netra. Penelitian ini menggunakan metode penelitian hukum normatif dengan pendekatan perundang-undangan dan pendekatan komparatif. Dalam penelitian ini menemukan bahwa akses karya cipta audiobook telah diatur dalam Traktat Marrakesh, UUHC 2014 serta Peraturan Pemerintah Nomor 27 Tahun 2019.

scholarly journals The Certainty And Legal Protection To The Buyer's Auction Of The Mortgage Right Object On Online Auctions At The Service Of Wealth State Office And Auction (KPKNL)

Jurnal Akta ◽  
2018 ◽  
Vol 5 (2) ◽  
pp. 481
Author(s):  
Arif Budi Pamungkas ◽  
Djauhari Djauhari
Keyword(s):  
Research Method ◽  
Online Auctions ◽  
Legal Protection ◽  
Legal Certainty ◽  
Legal Research ◽  
The Public ◽  
State Office ◽  
The Law ◽  
The Right ◽  
The Way

An auction is an activity of selling of goods in public by means of a verbal-bid to get the higher price or to get lower prices and the price quote can be done in a closed and written. This is done by the way of collecting the prospective buyers of the auction led by officials of the auction. In this case, the intended auction was the sale of goods that are held publicly. The auction, according to the regulations of security right, is when the debtor made a breach, the holder of the security rights have the right to sell the security rights’ objects over its own power through a public auction as well as taking payment of account receivable from the sale proceeds. An auction is an alternative to the sale of an undertaken asset by way of inviting prospective buyers at a particular time and place in which the last highest bidder in writing or orally is determined as the winner. The author used socio-legal research as his research method. To meet the forth standards set by the law, the auction should be widely announced to the public, either through printed file, electronic or visual. A legal certainty as a basis which concerned with propriety and justice is very closely related to the principle of auction sales in another. As the formulation of the problem of the form of identification of the problem, namely how the legal protection of the auction buyers encountered the obstacles as well as the solution.Keywords: Auction; Legal Protection; Mortgage Right

scholarly journals Genesis And Development Of Capital Market In CIS Countries: Cases From Russia, Kazakhstan, And Uzbekistan

2021 ◽  
Vol 58 (1) ◽  
pp. 129-139
Author(s):  
Otabek Narziev
Keyword(s):  
Capital Market ◽  
Legal Framework ◽  
Market Regulation ◽  
Main Research ◽  
Market Formation ◽  
History Of ◽  
Research Questions ◽  
Capital Market Regulation ◽  
Cis Countries ◽  
In Cis

This paper provides the necessary information and analysis for understanding and considering the main research questions and discussions of the research. Notably, this section outlines the background to capital market formation and development in CIS countries through a brief history of the CIS; considers the necessity of capital market and its regulation in CIS countries; reviews the institutional and legal framework of capital market regulation, and analyzes certain problems of capital market development.

scholarly journals KEDUDUKAN HUKUM PERUSAHAAN BENTUK USAHA TETAP (PERMANENT ESTABLISHMENT) DALAM DIMENSI HUKUM PENANAMAN MODAL DI INDONESIA

2014 ◽  
Vol 3 (3) ◽  
Author(s):  
Putu Ratih Prabandari
Keyword(s):  
Foreign Investment ◽  
Research Method ◽  
Legal Protection ◽  
Legal Certainty ◽  
Permanent Establishment ◽  
Legal Position ◽  
Investment Law ◽  
Rights And Interests ◽  
The Government

Companies with a permanent establishment is a form of a business carried on in Indonesia, carried out either by an individual or entity whose establishment was not done in Indonesia. The company with a permanent establishment differences with the concept of establishment permitted by the Investment Act. Starting from the concept, which raised the question of how the legal position of the company with a permanent establishment in the perspective of the Investment Law. The general objective of this study is an attempt to develop jurisprudence in relation to the company's legal position with a permanent establishment under the Investment Law. This normative research method, to examine the books and legal materials related to the issue under study. Companies with a permanent establishment in Indonesia is foreign investment, it is appropriate for the government is required to provide legal protection to the investors, including protecting the rights and interests of investors in investing in Indonesia. In order for them to get their rights in accordance with the laws mandated, so the investment law are expected to protect the interests of the parties who invest either directly or indirectly involved in Indonesia. Guarantee legal certainty to investors, so the investment is economically capable of generating profits for investors.

Sign in / Sign up

Export Citation Format

Share Document