[Skripsi ini membahas mengenai perlindungan hukum bagi pemegang obligasidalam hal emiten dicabut izin usahanya. Pada skripsi ini akan dibahas mengenaidua hal. Pertama, pembahasan mengenai perlindungan hukum kepada pemegangobligasi subordinasi dalam hal emiten bank dicabut izin usahanya. Kedua,pembahasan mengenai pertanggungjawaban wali amanat dalam hal emiten bankpenerbit obligasi dicabut izin usahanya. Pembahasan ini akan dilakukanberdasarkan teori dan peraturan perundang-undangan yang berlaku, serta kasuspengajuan gugatan ganti rugi terhadap PT. Bank Global Internasional Tbk.,sebagai emiten yang terdapat dalam Putusan Pengadilan Tinggi Nomor213/PDT/2013/PT.DKI jo. Putusan Pengadilan Negeri Jakarta Pusat Nomor255/PDT.G/2008/PN.JKT.PST. Isu perlindungan pemegang obligasi subordinasimenjadi pusat perhatian bagi pemegang obligasi subordinasi dalam pencabutanizin usaha emiten. Aspek hukum perlindungan pemegang obligasi digolongkanmenjadi tiga, yakni aspek hukum perlindungan pemegang obligasi subordinasidalam proses likuidasi emiten, aspek hukum perlindungan pemegang obligasisubordinasi setelah emiten dilikuidasi, dan aspek hukum perlindungan melaluipengadilan.;This thesis discusses about legal protection for the holders of bonds in terms of itsbusiness licence revoked issuers. This thesis focuses mainly on three issues. First,discussion of legal protection to holders of subordinated bonds in the event theissuer bank revoked permission for his efforts. Secondly, a discussion of trusteeliability in terms of issuers of bonds issuing bank were revoked. This discussionwill be conducted based on the theory and the applicable legislation, as well ascases of filing a lawsuit for damages against PT. Bank Global International Tbk.,as issuers contained in High Court Decision Number 213/PDT/2013/PT.DKI jo.District Court Decision Number 255/PDT.G/2008/PN.JKT.PST. The issue of theprotection of holders of subordinated bonds have become the center of attentionfor the holders of subordinated bonds in the revocation effort issuers. The legalaspects of the protection of the holders of the bonds are classified into three,namely, the legal aspects of the protection of holders of subordinated bonds in theprocess of liquidation of the issuer, the legal aspects of the protection of holdersof subordinated bonds after issuers are liquidated, and legal aspects of protectionthrough the courts., This thesis discusses about legal protection for the holders of bonds in terms of itsbusiness licence revoked issuers. This thesis focuses mainly on three issues. First,discussion of legal protection to holders of subordinated bonds in the event theissuer bank revoked permission for his efforts. Secondly, a discussion of trusteeliability in terms of issuers of bonds issuing bank were revoked. This discussionwill be conducted based on the theory and the applicable legislation, as well ascases of filing a lawsuit for damages against PT. Bank Global International Tbk.,as issuers contained in High Court Decision Number 213/PDT/2013/PT.DKI jo.District Court Decision Number 255/PDT.G/2008/PN.JKT.PST. The issue of theprotection of holders of subordinated bonds have become the center of attentionfor the holders of subordinated bonds in the revocation effort issuers. The legalaspects of the protection of the holders of the bonds are classified into three,namely, the legal aspects of the protection of holders of subordinated bonds in theprocess of liquidation of the issuer, the legal aspects of the protection of holdersof subordinated bonds after issuers are liquidated, and legal aspects of protectionthrough the courts.]