ABSTRAKTesis ini membahas mengenai penghapusan pencatatan (delisting) saham PT
Inovisi Infracom Tbk. Pokok permasalahannya meliputi bentuk perlindungan hukum
bagi investor terkait dilakukannya penghapusan pencatatan (delisting) saham PT Inovisi
Infracom Tbk di Bursa Efek Indonesia dan upaya hukum yang dapat ditempuh oleh
investor terkait dengan penghapusan pencatatan (delisting) saham PT Inovisi Infracom
Tbk serta perbandingan peran notaris terhadap voluntary delisting dan forced delisting.
Untuk menjawab permasalahan tersebut, bentuk penelitian yang digunakan adalah
yuridis normatif dan tipe penelitian eksplanatoris,menggunakan data sekunder, serta
dianalisis secara kualitatif. Berdasarkan hasil penelitian bentuk perlindungan hukum
bagi Investor PT Inovisi Infracom Tbk antara lain melalui prinsip keterbukaan yang
diatur dalam Pasal 85 sampai dengan Pasal 89 UUPM, kewajiban PT Inovisi Infracom
Tbk untuk memiliki prospektus, dan kepastian hukum dan penegakan hukum yang
dilakukan berdasarkan Pasal 4 jo Pasal 5 UU Otoritas Jasa Keuangan (OJK) oleh OJK.
Upaya hukum yang dapat ditempuh oleh Investor PT Inovisi Infracom Tbk yang merasa
dirugikan antara lain melakukan pelaporan kepada OJK berdasarkan Pasal 30 UU OJK,
meminta PT Inovisi Infracom Tbk untuk buy-back saham yang melalui RUPS
berdasarkan Pasal 37 jo Pasal 38 jo Pasal 79 ayat (2) UUPT, dan dapat menuntut ganti
rugi berdasarkan Pasal 111 UUPM. Perbandingan peran notaris terhadap voluntary
delisting dan forced delisting adalah dalam voluntary delisting, RUPS tersebut
dilakukan sebelum terjadi delisting, sedangkan dalam forced delisting, RUPS dilakukan
setelah ada keputusan dari BEI untuk men-delisting saham perusahaan tersebut.
ABSTRACTThis thesis is about the deletion of shares (delisting) of PT Inovisi Infracom Tbk.
The main point of the issue is form of legal protection for investors related to the
deletion of shares (delisting) of PT Inovisi Infracom Tbk in Indonesia Stock Exchange,
legal effort that can be taken by investors related to the deletion of shares (delisting) of
PT Inovisi Infracom Tbk and comparison of the role of the notary towards voluntary
delisting and forced delisting. To answer the problem, the type of research used is
normative juridical and using explanatory research, using secondary data, and analyzed
qualitatively. Based of the result of the study, form of legal protection for investors
related to the deletion of shares (delisting) of PT Inovisi Infracom Tbk is through full
and fair disclosure that stipulated in Article 85 to Article 89 Capital Market Law,
obligation of PT Inovisi Infracom Tbk to have a prospectus, and legal certainty dan law
enforcement based on Article 4 juncto Article 5 Otoritas Jasa Keuangan (OJK) Law by
OJK. Legal effort that can be taken by investors related to the deletion of shares
(delisting) of PT Inovisi Infracom Tbk who feel disadvantaged is reporting to OJK
based on Article 30 UU OJK, asking PT Inovisi Infracom Tbk to do buy-back shares
through General Meeting of Shareholders based on Article 37 juncto Article 38 juncto
Article 79 paragraph (2) Limited Liability Company Law, and they can sue for
compensation based on Article 111 Capital Market Law. Comparison of the role of the
notary towards voluntary delisting and forced delisting are in voluntary delisting,
General Meeting of Shareholders are held before the delisting, while in forced delisting,
General Meeting of Shareholders are held after BEI give the decision to do the deletion
of shares (delisting) of that company.