If a company transfers its business to a merchant, relevant company is deemed to be the transferee provided for in Article 16, paragraph (1) of the Commercial Code, and the provisions of Articles 17 through 18-2 of the Code apply. In this case, the phrase "or an order of commencement of rehabilitation proceedings" in paragraph (3) of the same Article is deemed to be replaced with "an order of commencement of rehabilitation proceedings or order of commencement of reorganization proceedings".
会社が商人に対してその事業を譲渡した場合には、当該会社を商法第十六条第一項に規定する譲渡人とみなして、同法第十七条から第十八条の二までの規定を適用する。この場合において、同条第三項中「又は再生手続開始の決定」とあるのは、「、再生手続開始の決定又は更生手続開始の決定」とする。
If a company accepts transfer of the enterprise of any merchant, relevant merchant is deemed to be the transferor company, and the provisions of the preceding three articles apply. In this case, the phrase ", order of commencement of rehabilitation proceedings or order of commencement of reorganization proceedings" in paragraph (3) of the preceding Article is deemed to be replaced with "or an order of commencement of rehabilitation proceedings".
company
「会社」
Any of the four kinds of company this Act governs: a stock company (株式会社), a general partnership company (合名会社), a limited partnership company (合資会社) or a limited liability company (合同会社).
Defined inArticle 2, paragraph (1), item (i)· applies throughout the law
transferor company
「譲渡会社」
A company that has transferred its business, and which, unless the parties agree otherwise, may not carry on the same business in the same or a neighbouring municipality for twenty years.
Short name set inArticle 21, paragraph (1)· applies only in this chapter