An agreement is effective on behalf of the liquidating stock company and all agreement claim creditors, and binds them.
An agreement does not affect security interests provided for in Article 522, paragraph (2) held by creditors provided for in that paragraph, rights that agreement claim creditors hold jointly with guarantors of the liquidating stock company or otherwise with the liquidating stock company, against persons owing obligations, or collateral provided by persons other than the liquidating stock company for the benefit of the agreement claim creditors.
協定は、第五百二十二条第二項に規定する債権者が有する同項に規定する担保権、協定債権者が清算株式会社の保証人その他清算株式会社と共に債務を負担する者に対して有する権利及び清算株式会社以外の者が協定債権者のために提供した担保に影響を及ぼさない。
When a ruling approving an agreement becomes final and binding, rights of agreement claim creditors are changed pursuant to the provisions of the agreement.
協定の認可の決定が確定したときは、協定債権者の権利は、協定の定めに従い、変更される。
Notwithstanding the provisions of the preceding paragraph, the effect of a change of rights under the provisions of the agreement as regards a claim in respect of foreign taxes subject to mutual assistance may be asserted only in relation to the mutual assistance under the provisions of Article 11, paragraph (1) of the Act on Special Provisions for Enforcement of Tax Treaties.
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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)
foreign taxes subject to mutual assistancemachine translation
「共助対象外国租税」
A tax claim of another country that, under a tax treaty, Japan may help that country collect or secure property for, as defined in Article 11, paragraph (1) of the Act on Special Provisions of the Income Tax Act, the Corporation Tax Act and the Local Tax Act Incidental to Enforcement of Tax Treaties, etc. (Act No. 46 of 1969).
Defined inArticle 512, paragraph (1), item (iii)
Act on Special Provisions for the Enforcement of Tax Treatiesmachine translation
「租税条約等実施特例法」
Short name for the Act on Special Provisions of the Income Tax Act, the Corporation Tax Act and the Local Tax Act Incidental to Enforcement of Tax Treaties, etc. (Act No. 46 of 1969).
Short name set inArticle 512, paragraph (1), item (iii)· applies only in this provision and in Article 518-2; and Article 571, paragraph (4)
agreement claim creditors
「協定債権者」
A creditor who holds an agreement claim in the special liquidation of a stock company.
Short name set inArticle 517, paragraph (1)· applies only in this section