Implementation Of Debt To Equity Swap As A Corporation Debt Restructuring Effort
Keywords:
Company, Debt to Equity Swap, RestructuringAbstract
This study aims to analyze the regulation of debt to equity swaps as an effort to restructuring corporate debt (corporation debt restructuring) in Indonesia and its legal consequences, and legal protection for diluted shareholders who do not agree to holding a debt to equity swap scheme. The method used in this research is a descriptive analytical research with a normative type of research. The data collection technique used is library research and the data analysis technique is a qualitative, deductive-inductive method. The results of the analysis show that arrangements regarding Debt to Equity Swaps have been regulated in the legal system regulations in Indonesia, namely those in Article 35 paragraph (2) of Law Number 40 of 2007 concerning Limited Liability Companies (UUPT); Government Regulation Number 15 of 1999 Concerning Certain Forms of Claims That Can Be Compensated for as Deposits in Shares; OJK Regulation (P.OJK) Number 36/POJK.03/2017 Concerning the Prudential Principle in Equity Participation Activities. The legal consequence arising from the existence of a Debt to Equity Swap in an effort to restructure corporate debt is the emergence of legal certainty related to efforts to save the finances of a company that implements a Debt to Equity Swap. The form of legal protection that can be provided is by raising a rights issue in shareholder matters.
Downloads
References
Aan, K., & Djam’an, S. (2011). Metode penelitian kualitatif. Bandung: Alfabeta.
Dewi, N. (2010). Pengaruh Karakteristik Keuangan Internal dan Kondisi Industri terhadap Pemilihan Model Restrukturisasi Utang serta Reaksi Pasar. Universitas Padjajaran.
Djohanputro, B. (2014). Restrukturisasi Perusahaan Berbasis Nilai: Strategi menuju Keunggulan Bersaing. PPM Jakarta.
Fuady, M. (2017). Perseroan Terbatas Paraadigma Baru (Cetakan ke). Citra Aditya Bakti.
Gultom, M. (2009). Perlindungan Hukum Terhadap Anak dalam Sistem Peradilan Pidana pada Anak. Refika Aditama.
Gunadi. (2017). Restrukturisasi Perusahaan dalam Berbagai Bentuk dan Pemajakannya. Salemba Empat.
Harahap, M. Y. (2017). Beberapa Tinjauan Tentang Permasalahan Hukum. Citra Aditya Bakti.
Lubis, M. A. (2020). Persepsi Orang Tua dalam Memanfaatkan Durasi Penggunaan Gadget untuk Anak Usia Dini Saat Situasi Pandemi COVID-19. Jurnal Kajian Gender Dan Anak, Vol. 4 No., 65.
Muljadi, K. (2010). Restrukturisasi Utang, Kepailitan dalam Hubungannya dengan Perseroan Terbatas.
Putri, R. N. (2020). Indonesia Dalam Menhadadapi Pandemi Covid-19. Jurnal Ilmiah, Vol. 20, N.
Radhitya, Theresia Vania, D. (2020). Dampak Pandemi Covid-19 Terhadap Kekerasan Dalam Rumah Tangga. Kolaborasi Refolusi Konflik, volume 2, 111–112.
Riyanto, A. (2018). Dilusi Saham dan Akibat Kepemilikan Sahamnya. Business Law Binus.
Siswanto, A. H. (2019). Right Issues sebagai Perlindungan Hukum bagi Pemegang Saham terhadap Dilusi Saham Perusahaan Terbuka. Lex Jurnalica, Vol. 16 No, 177.
Sugiyono. (2019). Metode Penelitian Kuantitatif Kualitatif dan R&D. Alfabeta.
Walfajri, M. (2021). OJK perbolehkan penyelesaikan kredit dengan skema debt to equity swap. Keuangan Kontan.