Summary: | The thesis was intended to provide clear description on legal protection of
one party in repo agreement and to identify juridical status of object in repo.
It is juridical normative research that explores legal issue in society by
positive law approach and law principle. The research is based on research of
secondary data in law field as library data using deductive reasoning and
coherent truth criteria.
Based on the results, it may be concluded that, first, seller that does not buy
back share he has sold at predetermined time means he does not do his
obligation. He may be said default. In case seller does not do his obligation to buy
back share he has sold to buyer, the buyer will get legal protection. Civil Law
Code regulates repressive legal protection for parties in contract that is damaged
due to other�s default. It may be demand for contractual responsibility to other.
The contractual responsibility may be indemnity. Second, Transfer of right over
security in capital market by security transaction through scripless trading occurs
with book-entry settlement of security of dung from security account of seller to
security account of buyer. In repo agreement followed with legal transfer will
cause shift of right over the share, so right over share shift to buyer. Share that is
not bought back by seller at predetermined time will be owned by buyer.
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