[Tesis ini membahas mengenai perlindungan hak pemegang saham publik dalam pengambilalihan Bank Gagal yang berstatus terbuka oleh Lembaga Penjamin Simpanan. Permasalahan yang diangkat dalam penulisan ini ketika LembagaPenjamin Simpanan memiliki hak untuk mengambil alih segala hak, wewenang, kepemilikan, kepengurusan dari Bank Gagal bermaksud untuk menjual saham pemegang saham publik. Penulisan tesis ini menggunakan metode kepustakaandengan data sekunder sebagai sumber datanya. Pengambilalihan Bank Gagal oleh Lembaga Penjamin Simpanan berdasarkan penyerahan hak kepemilikan melalui RUPS oleh para pemegang saham yang menyerahkan, serta Penyertaan Modal Sementara yang kemudian dikonversi menjadi saham. Kedua mekanisme tersebutmenjadikan Lembaga Penjamin Simpanan sebagai pemegang saham mayoritas, namun tidak dapat menghilangkan pengakuan terhadap kepemilikan pemegang saham publik. Lembaga Penjamin Simpanan tidak memiliki hak untuk menjual saham pemegang saham publik yang tidak dikuasai oleh Lembaga Penjamin Simpanan apabila tidak diserahkan oleh pemilik hak sebagaimana dimaksuddalam teori property rule. Pengambilalihan yang dilakukan oleh Lembaga Penjamin Simpanan bukan bertujuan untuk menguasai Bank, namun untuk melaksanakan perintah Undang-Undang. Ketentuan take over, mewajibkan untuk dilakukan tender offer terhadap sisa saham. Peraturan No. IX.H.1. mengenai ketentuan tender sukarela mengecualikan tender offer terhadap pengambilalihan yang dilakukan berdasarkan perintah Undang-Undang. Ketentuan ini membuktikan pemegang saham publik tetap memiliki hak terhadap saham yang dimilikinya. Mengingat lamanya waktu untuk melakukan revisi terhadapUndang-Undang, maka Lembaga Penjamin Simpanan dapat meminta dilakukan uji materiil ke Mahkamah Konstitusi untuk meminta penjelasan terhadap siapa yang dimaksud dengan pemegang saham dan apa yang dimaksud dengan seluruh saham.;This thesis describes the protection of public shareholder rights in the takeover process of open-status Failing Bank performed by the Deposit Insurance Corporation. The main focus of this discussion is on the event the Deposit Insurance Corporation posits that it reserves the right to take over all rights,authority, title of ownership and management of the Failing Bank, and generalizes that the liquidation of the stocks includes those belonging to public shareholders.This thesis applies library research method using secondary data as data sources.The handling process of Failing Bank by Deposit Insurance Corporation is performed by surrendering of rights and powers of General Shareholders Meeting in part of the Failing Bank, and provision of temporary capital placement in partof the Deposit Insurance Corporation which is further conversed into shares. The dual mechanisms deems Deposit Insurance Corporation as the major shareholder,however still withstand recognition to the title of ownership of public shareholders. Deposit Insurance Corporation does not reserve the right to sell shares belonging to public shareholders that are not surrendered to the DepositInsurance Corporation, as described in the theory of Property Rule. The takeover is performed by Deposit Insurance Corporation not for the purpose of acquiring the Bank, but as execution of the Law. The laws governing performance oftakeover stipulates that the remaining shares must be disclosed in form of bidding offer or tender offer. Law number IX.H.1. governing voluntary tender excludestender offer in the event of takeover prescribed by Law. This regulation substantiates that public shareholders reserves rights over their shares. Considering the time taken to conduct revision on the said law, Deposit InsuranceCorporation may appeal for judicial review in the Constitutional Court to gain verification as to the reference for shareholder and as to the reference of shares ascited in the law.;This thesis describes the protection of public shareholder rights in the takeoverprocess of open-status Failing Bank performed by the Deposit InsuranceCorporation. The main focus of this discussion is on the event the DepositInsurance Corporation posits that it reserves the right to take over all rights,authority, title of ownership and management of the Failing Bank, and generalizesthat the liquidation of the stocks includes those belonging to public shareholders.This thesis applies library research method using secondary data as data sources.The handling process of Failing Bank by Deposit Insurance Corporation isperformed by surrendering of rights and powers of General Shareholders Meetingin part of the Failing Bank, and provision of temporary capital placement in partof the Deposit Insurance Corporation which is further conversed into shares. Thedual mechanisms deems Deposit Insurance Corporation as the major shareholder,however still withstand recognition to the title of ownership of publicshareholders. Deposit Insurance Corporation does not reserve the right to sellshares belonging to public shareholders that are not surrendered to the DepositInsurance Corporation, as described in the theory of Property Rule. The takeoveris performed by Deposit Insurance Corporation not for the purpose of acquiringthe Bank, but as execution of the Law. The laws governing performance oftakeover stipulates that the remaining shares must be disclosed in form of biddingoffer or tender offer. Law number IX.H.1. governing voluntary tender excludestender offer in the event of takeover prescribed by Law. This regulationsubstantiates that public shareholders reserves rights over their shares.Considering the time taken to conduct revision on the said law, Deposit InsuranceCorporation may appeal for judicial review in the Constitutional Court to gainverification as to the reference for shareholder and as to the reference of shares ascited in the law., This thesis describes the protection of public shareholder rights in the takeoverprocess of open-status Failing Bank performed by the Deposit InsuranceCorporation. The main focus of this discussion is on the event the DepositInsurance Corporation posits that it reserves the right to take over all rights,authority, title of ownership and management of the Failing Bank, and generalizesthat the liquidation of the stocks includes those belonging to public shareholders.This thesis applies library research method using secondary data as data sources.The handling process of Failing Bank by Deposit Insurance Corporation isperformed by surrendering of rights and powers of General Shareholders Meetingin part of the Failing Bank, and provision of temporary capital placement in partof the Deposit Insurance Corporation which is further conversed into shares. Thedual mechanisms deems Deposit Insurance Corporation as the major shareholder,however still withstand recognition to the title of ownership of publicshareholders. Deposit Insurance Corporation does not reserve the right to sellshares belonging to public shareholders that are not surrendered to the DepositInsurance Corporation, as described in the theory of Property Rule. The takeoveris performed by Deposit Insurance Corporation not for the purpose of acquiringthe Bank, but as execution of the Law. The laws governing performance oftakeover stipulates that the remaining shares must be disclosed in form of biddingoffer or tender offer. Law number IX.H.1. governing voluntary tender excludestender offer in the event of takeover prescribed by Law. This regulationsubstantiates that public shareholders reserves rights over their shares.Considering the time taken to conduct revision on the said law, Deposit InsuranceCorporation may appeal for judicial review in the Constitutional Court to gainverification as to the reference for shareholder and as to the reference of shares ascited in the law.] |