Dwinanda, Irfan Alfieansyah
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Journal : JURNAL LITIGASI (e-Journal)

Harmonizing the Administrative Court Legal System to Ensure Legal Certainty in the Administrative Lawsuit Time Limit: Harmonisasi Sistem Hukum Peradilan Tata Usaha Negara dalam Mewujudkan Kepastian Hukum Tenggang Waktu Gugatan Kartabrata, Fajar Ramadhan; Ernawan, Moch Erick; Dwinanda, Irfan Alfieansyah
LITIGASI Vol. 26 No. 2 (2025)
Publisher : Faculty of Law, Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/litigasi.v26i2.26164

Abstract

Individuals or private legal entities, as legal subjects, have the right to file a legal action against a beschikking or unilateral administrative decision, even when they are not explicitly named in such decision. Within the administrative court system, the time limit for filing a lawsuit serves as a formal mechanism to uphold the principle of legal certainty. However, the existing regulations particularly between the Administrative Court Law and the Government Administration Law remain inconsistent, resulting in legal uncertainty in the settlement of administrative disputes, especially for indirectly affected third parties. Using a statutory approach, this study analyzes the harmonization of Indonesia’s administrative court legal system to ensure legal certainty in determining the time limit for filing administrative lawsuits and proposes regulatory solutions through the formulation of a more coherent and implementable judicial regulation.
ANALISIS PERUBAHAN PERATURAN DALAM MELAKUKAN INITIAL PUBLIC OFFERING DI BURSA EFEK INDONESIA Dwinanda, Irfan Alfieansyah
LITIGASI Vol. 25 No. 2 (2024)
Publisher : Faculty of Law, Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/litigasi.v25i2.13513

Abstract

The capital market plays a significant role in a country's economy, as it enables the functioning of economic and financial activities. Indonesia ranks first among ASEAN countries in terms of market capitalization, and the Financial Services Authority and the Indonesia Stock Exchange predict that the Indonesian stock market's capitalization still has the potential to grow even larger. The opportunity for significant capitalization encourages the government to facilitate IPO requirements, especially for start-ups and medium-sized enterprises. However, easing IPO requirements may have both positive and negative impacts on investors, securities, and issuers (company). This study is a normative juridical research using secondary data, which is then analyzed qualitatively. The research findings indicate that the number of companies conducting IPOs does not necessarily reflect the quality of the stock exchange. By granting permission to companies that have not yet recorded profits for IPOs, investors are encouraged to speculate on the movement of stock prices and the condition of the market. Therefore, it is necessary to formulate regulations regarding IPOs that still prioritize the principle of full disclosure.