PROTECTION OF FINANCIAL SERVICES AUTHORITY FOR ISSUER COMPANIES THAT WILL BE FORCED DELISTED BY THE STOCK EXCHANGE ACCORDING TO OJK REGULATION NO. 23/POJK.04/2021
Main Article Content
Musa Kevin Putratama Banjarnahor
Budiman Ginting
Sunarmi
The guidance and supervision actions carried out by the Financial Services Authority (OJK) if unable to prevent the occurrence of force delisting, then force delisting will not only affect the issuer but also affect investors so that this must also be the responsibility of the issuer where the responsibility must be ensured to run well and clearly. This means that the existence of the Financial Services Authority (OJK) in carrying out guidance and supervision of issuers that will be force delisted aims to provide legal protection, namely in the form of guaranteeing the rights of legal subjects (not only issuers whose rights are protected but also investors) and this protection is given to legal subjects so that they can enjoy all the rights granted by law.
Asshiddiqie, Jimly, The Constitution and Constitutionalism of Indonesia, Jakarta: Constitutional Court of the Republic of Indonesia and the Center for Constitutional Law Studies, FHUI, 2004.
Balfaz, Hamud M., Capital Market Law in Indonesia, (Jakarta: PT Tata Nusa, 2012), p. 306
Hamzah, Andi, Legal Dictionary, Jakarta: Ghalia Indonesia, 2005.
Kansil, CST., Christine. ST Kansil, Engelien R. Palandeng and Godlieb N. Mamahit, Dictionary of Various Legal Terms, Jakarta: Jala Permata Aksara, 2009.
Khairandy, Ridwan, Limited Liability Companies: Doctrine, Legislation and Jurisprudence, Yogyakarta: Total Media, 2009.
Raharjo, Satjipto, Legal Science, Bandung: PT. Citra Aditya Bakti, 2000.
OJK Regulation No. 23/POJK.04/2021 Concerning Follow-up Supervision in the Capital Market Sector
Decision of the Board of Directors of PT Jakarta Stock Exchange Number Kep-308/BEJ/07-2004 Concerning Delisting and Relisting of Shares on the Stock Exchange
Decree of the Board of Directors of the Indonesia Stock Exchange No. Kep-00054/BEI/05-2024 Regarding Regulation Number IN concerning Cancellation of Listing (Delisting) and Relisting (Relisting)
Bakar, Latuti Abu & Tri Handayani, Strengthening Regulation of Delisting of Securities by the Stock Exchange (Forced Delisting), Jurnal Rechtidee, Vol. 15, No. 1, June 2020.
