If an order is issued for commencement of special liquidation, if the court finds that it is necessary to supervise the liquidation, the court, at the petition of the creditors, liquidators, company auditors or shareholders or ex officio, may prohibit a liquidating stock company from entering or recording in the shareholder register any information that is required to be entered in the shareholder register.
Even during the period from the time when a petition for commencement of special liquidation is filed to the time when a ruling is handed down on relevant petition, if the court finds it necessary, the court may, in response to the petitions by the creditors, liquidators, company auditors or shareholders or ex officio, effect the disposition under the provisions of the preceding paragraph. The same applies if immediate appeal under Article 890, paragraph (5) is filed against the ruling to dismiss the petition for the commencement of special liquidation.
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information required to be entered in the shareholder registermachine translation
「株主名簿記載事項」
The details a stock company must enter in its shareholder register, such as each shareholder's name and address, the number of shares they hold and when they acquired them.
Short name set inArticle 121, paragraph (1)
liquidating stock companies
「清算株式会社」
A stock company that is being wound up, which is treated as still existing for the purposes of the liquidation until the liquidation is completed.
Short name set inArticle 476, paragraph (1)
company auditor
監査役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)), whose job is to audit how the directors carry out their duties and to write an audit report on it (Article 381, paragraph (1)). Not an outside accountant — that is the financial auditor (会計監査人) — and not a director: a company auditor may not also be a director or employee of the company or its subsidiaries (Article 335, paragraph (2)). The term normally runs to the annual shareholders meeting for the last business year ending within four years of election (Article 336, paragraph (1)).
Written by AI using Companies Act, Arts. 329, 335, 336, 381 as a reference.