LEGAL PROTECTION EFFORTS BY NOTARIES IN BACKDOOR LISTING PRACTICES AS CORPORATE ACTIONS IN THE CAPITAL MARKET
Published:
2026-04-27Downloads
Abstract
Backdoor listing is a method used by companies to enter the capital market without going through the lengthy and costly initial public offering (IPO) process. This practice typically involves the acquisition of a public company by a private company, allowing the private company to be listed on the stock exchange through the acquired public company. One of the main requirements for listing shares on the stock exchange is that the business must be a limited liability company. In this context, notaries play a crucial role in ensuring legality and compliance with applicable regulations. Legal protection for notaries in backdoor listing practices is crucial given the complexity and potential legal risks involved. Notaries must ensure that all documents and processes related to backdoor listing comply with the Limited Liability Company Law (UUPT), the Capital Market Law (UUPM), and other relevant regulations. However, due to the lack of detailed legal regulations regarding backdoor listing in Indonesia, notaries must exercise caution and ensure that every step taken complies with applicable legal principles.
Keywords:
Notary Protection Backdoor Listing Capital MarketReferences
Jurnal
● Riyanto, Agus. “Mempertanyakan Legalitas Backdoor Listing.” Binus University, 17 Mei 2020. Link.
● Ranti, Viani Chrisanta, dan Richard Adam. “Legal Protection for Notaries in the Backdoor Listing Process Based on Capital Market Law in Indonesia (Study of PT Pantai Indah Kapuk Dua Tbk).” Journal of Law, Politic and Humanities 4, no. 4 (2024): 649–654.
Buku
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Peraturan Undang-Undang
● Kitab Undang-Undang Hukum Perdata
● Kitab Undang-Undang Hukum Pidana
● Kitab Undang-Undang Hukum Acara Perdata
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License
Copyright (c) 2026 Hafidah Nur Epsteinnia

This work is licensed under a Creative Commons Attribution 4.0 International License.




