Liquidators must investigate the current status of the property of the liquidating membership companies and prepare, pursuant to the provisions of Ministry of Justice Order, an inventory of property and the balance sheet as of the day when the liquidating membership companies fell under cases set forth in any of the items of Article 644 (hereinafter in this Section referred to as "inventory of property") and notify each member of the details of the same, without delay after assuming office.
liquidating membership companies must retain its inventory of property from the time of the preparation of relevant inventory of property until the registration completion of the liquidation at the location of its head office.
liquidating membership companies must report every month the current status of the liquidation at the request of the members.
清算持分会社は、社員の請求により、毎月清算の状況を報告しなければならない。
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liquidating membership companies
「清算持分会社」
A membership 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 645, paragraph (1)
inventory of property
「財産目録等」
The inventory of property and balance sheet, as of the day the company entered liquidation, that its liquidators must draw up after investigating the state of its assets.
Short name set inArticle 658, paragraph (1)· applies only in this section
registration
登記
Entry in a public register kept by a registry office (登記所) — a Legal Affairs Bureau or one of its branch offices — so that the matter is made public (Real Property Registration Act, Articles 1 and 6, paragraph (1)). Rights in land and buildings, such as ownership, a superficies (地上権), a statutory lien (先取特権), a mortgage and a right of lease (賃借権), can be registered under that Act (Article 3), and matters the Commercial Code, the Companies Act and other Acts require to be registered are registered under the Commercial Registration Act (Article 1). Registration also lets a right be asserted against third parties: acquiring, losing or changing a right in rem (物権) in land or a building, such as ownership, cannot be asserted against third parties until it is registered (Civil Code, Article 177), and a matter the Companies Act requires to be registered cannot be asserted against a third party who does not know of it until it has been registered, nor, even after that, against one who had a justifiable reason for not knowing of the registration (Companies Act, Article 908, paragraph (1)).
Written by AI using Real Property Registration Act, Arts. 1, 3, 6, Commercial Registration Act, Art. 1, Civil Code, Art. 177 and Companies Act, Art. 908 as a reference.