MINORITY SHAREHOLDERS' LEGAL COVER ON CLOSED COMPANY MERGERS

Abstract

Minority shareholders is one of the stakeholders along with other stakeholders and minority shareholders are also the parties reply carries the coffers for the company. This is what interests should be protected by law. The methods used in this study is a research method, a normative legal method by means of data collection based on the study of librarianship (library search) that is by way of secondary data in the form of researching materials such as primary law scientific books, legislation, and the data that is retrieved by accessing the internet related to this research. The results from this research that the appraisal of the implementation of rights is one's "privileges" given by the law on merger transactions. Another privileges is the application of the principle of "super majority". Appraisal rights necessary in order to protect the minority shareholder,s given when they don't agree with the merger but his voice is insufficient to inhibit implementation of the merger, then the merger still held, and shareholders the minority's "forced" to accept the merger. Keywords : Legal protection, a minority stake, the merger