Article 179-7Demand to Cease Acquisition of Shares Subject to the Cash-Out
第百七十九条の七(売渡株式等の取得をやめることの請求)
In the following cases, if a shareholder subject to the cash-out is likely to suffer any disadvantages, the shareholder subject to the cash-out may demand to a special controlling shareholder to cease acquisition of all shares, etc. subject to the cash-out related to the demand for share, etc. cash-out:
if the demand for share, etc. cash-out violates the laws and regulations;
株式売渡請求が法令に違反する場合
if a subject company violates the provisions of Article 179-4, paragraph (1), item (i) (limited to the portion relating to the notice to shareholders subject to the Cash-Out) or Article 179-5; and
対象会社が第百七十九条の四第一項第一号(売渡株主に対する通知に係る部分に限る。)又は第百七十九条の五の規定に違反した場合
if the matters set forth in Article 179-2, paragraph (1), item (ii) or (iii) are extremely unfair according to financial status of the subject company or other circumstances.
第百七十九条の二第一項第二号又は第三号に掲げる事項が対象会社の財産の状況その他の事情に照らして著しく不当である場合
In the following cases, if a share option holder subject to the cash-out is likely to suffer any disadvantages, the share option holder subject to the cash-out may demand that the special controlling shareholder cease acquisition of all of shares, etc. subject to the cash-out related to the demand for share, etc. cash-out:
if the demand for share option cash-out violates the laws and regulations;
新株予約権売渡請求が法令に違反する場合
if a subject company violates the provisions of Article 179-4, paragraph (1), item (i) (limited to the portion relating to the notice to share option holder subject to the cash-out) or Article 179-5; and
対象会社が第百七十九条の四第一項第一号(売渡新株予約権者に対する通知に係る部分に限る。)又は第百七十九条の五の規定に違反した場合
if the matters set forth in Article 179-2, paragraph (1), item (iv), (b) or (c) are extremely unfair according to the financial status of the subject company or other circumstances.
第百七十九条の二第一項第四号ロ又はハに掲げる事項が対象会社の財産の状況その他の事情に照らして著しく不当である場合