¹Iswi Hariyani, ²Edi Wahjuni, ³Rhama Wisnu Wardhana, ⁴Soraya Ulfa Latifani

^1,2,3,4Faculty of Law, University of Jember, Indonesia

DOI : https://doi.org/10.58806/ijsshmr.2024.v3i3n05

Google Scholar Download Pdf
ABSTRACT

The capital market is a gathering place for companies and investors to carry out securities transactions such as shares, bonds and other securities. The capital market sector is very important for a country because it is the driver of a country's economy. Indonesia has a capital market sector which is regulated in Law Number 8 of 1995 concerning Capital Markets, this law explains the capital market regulations that must be obeyed by capital market players, namely investors and companies. The Indonesian government is aware of the potential for fraud, which is defined as violations or unlawful acts that are detrimental to the state and society. Regulations regarding capital markets seek to provide legal clarity and law enforcement in the capital markets sector, so that they remain important components for the development of the capital markets industry. Violations that occur in the capital market are often caused by an act carried out by an individual, in a group, directly, or by orders or influence from another party which causes losses to certain parties. These losses can be in the form of material losses and immaterial losses. As is the case with the capital market dispute in Decision no. 160/PDT/2021/PT DKI which strengthens Decision no. 745/Pdt.G/2019/PN JKT SEL. In Decision No.745/Pdt.G/2019/PN JKT SEL, the Panel of Judges stated that the lawsuit submitted by the Plaintiff could not be accepted based on several Judges' considerations, including because there was a premature lawsuit, namely a capital market dispute without first going through an examination by the Financial Services Authority. The plaintiff resubmitted the capital market dispute lawsuit by filing an appeal against Decision No. 160/PDT/2021/PT DKI and the Panel of Judges stated that they accepted the appeal by affirming the previous decision.

KEYWORDS:

capital markets, premature lawsuits, disputes.

REFERENCES

1) Tavinayati, dan Yulia Qamariyanti, 2009, Hukum Pasar Modal Di Indonesia (Jakarta: Sinar Grafika).

2) Eduardus Tandelilin, 2007, Analisis Investasi dan Manajemen Portofilio (Yogyakarta: BPFE Yogyakarta).

3) Sherly Ayuna Putri, Ema Rahmawati, dan Nun Harrieti, Penyelesaian Sengketa Hukum Pasar Modal Pada Pengadilan Negeri, Paper Ilmiah Hukum, Vol. 4, No. 1, 2019.

4) Asril Sitompul, Zulkarnain Sitompul, dan Bismar Nasution, 2007, Insider Trading, Kejahatan Di PasarModal (Jakarta: Books Terrace & Library).

5) Firman Floranta Adonara, Prinsip Kebebasan Hakim dalam Memutus Perkara Sebagai Amanat Konstitusi, Jurnal Konstitusi, Vol. 12, No. 2, Juni 2015.

6) Gatot Supramono, 2014,Transaksi Bisnis Saham Dan Penyelesaian Sengketa Melalui Pengadilan, (KENCANA, Jakarta)

7) Brian Derlie Viktor Sondakh, Engelien R. Palandeng, Debby Telly Antouw, Tinjauan Penyelesaian Sengketa Pasar Modal Terkait Transaksi Repo Dalam Memperoleh Kembali Saham Dilihat Dari Perkara Perdata, Lex Privatum Vol. IX/No. 4/Apr/EK/2021.

8) Wenge Wang, “The mechanisms of institutional activism: qualified foreign institutional investors in China”, Volume 14, Nomor 1, Januari 2019.

9) Nindyo Pramono, Hukum PT Go Public dan Pasar Modal, 2013, (Yogyakarta: Penerbit Andi).

10) Mas Rahmah, 2019, Hukum Pasar Modal, (Kencana, Jakarta)

11) Sentosa Sembiring, 2019, Hukum Pasar Modal, (Penerbit Nuansa Aulia, Bandung)

12) M. Irsan Nasarudin, Indra Surya, Ivan Yustiayandana, Arman Nefi, dan Adiwarman, 2014.Aspek Hukum Pasar Modal Indonesia, (Kencana. Jakarta ).

13) Jusuf Anwar, 2005, Pasar Modal Sebagai sarana Pembiayaan dan Investasi, Cetakan Ke-1, (Bandung: Penerbit Alumni)

14) Susanti Adi Nugroho, 2015, Penyelesaian Sengketa Arbitrase Dan Penerapan Hukumnya, (Prenamedia Group, Jakarta)

15) Jusuf Anwar, 2008, Penegakan Hukum dan Pengawasan Pasar Modal Indonesia, Edisi Pertama, Cetakan Ke1, (Bandung: Alumni)

16) LAPS SJK Lembaga Alternatif Penyelesaian Sengketa Sektor Jasa Keuangan, diakses dari https://lapssjk.id/ruang-lingkup-kompetensi/, diakses pada tanggal 28 Juli 2023, pukul 00.12 WIB.

17) M. Yahya Harahap, 2016, Hukum Acara Perdata tentang Gugatan, Persidangan, Penyitaan, Pembuktian, dan Putusan Pengadilan (Jakarta: Sinar Grafika).

18) Fakriah, Efa Laela,2012. Mekanisme Penyelesaian Sengketa Bisnis Yang Efektif dan Efisien. (Bandung: Keni)

19) Gamal Abdul Nasir, Kekosongan Hukum & Percepatan Perkembangan Masyarakat, Jurnal Hukum Replik, Vol. 5, No. 2, 2017.

20) Mohammad Kamil Ardiansyah, Pembaruan Hukum Oleh Mahkamah Agung Dalam Mengisi Kekosongan Hukum Acara Perdata Di Indonesia (Legal Reform By The Supreme Court Of Indonesia Facing The Legal Vacuum In Civil Procedure Law), Jurnal Ilmiah Kebijakan Hukum, Vol. 14, No. 2, 2020.

21) Astri Kharina Bangun, “Kasus Pelanggaran Pasar Modal”, http://investasi.kontan.co.id/news/bapepamperiksa-165-kasus-pelanggaran-pasar-modal

22) Peraturan Otoritas Jasa Keuangan No. 61/POJK.07/2020 Tentang Lembaga Alternatif Penyelesaian Sengketa di Sektor Jasa Keuangan.

23) Lintang Cahyani Andira & Iswi Hariyani, Keabsahan Kontrak Elektronik Dalam Layanan Pinjam Meminjam Uang Berbasis Teknologi Informasi, Jurnal Ilmu Kenotariatan, Vol. 1, No. 2, 2020.

24) Dhifa Nadhira Syadzwina & Esti Setyowati, Peran Notaris, Restrukturisasi, Perusahaan Non Badan Hukum, Jurnal Ilmu Kenotariatan, Vol. 1, No. 2, 2020.

25) Dimas Pasha Hafidz & Mohammad Rafi Al Farizy, Perlindungan Hukum Pemegang Saham Terhadap Tindakan Penarikan Kembali Saham Ditinjau Dari Undang-Undang Perseroan Terbatas, Jurnal Ilmu Kenotariatan, Vol. 4, No. 1, 2023.

VOlUME 03 ISSUE 03 MARCH 2024