A membership company conducting any one of the acts below must obtain the consent of all members of the membership company with regard to the absorption-type merger agreement, etc. by the day immediately preceding the effective day; provided, however, that this does not apply if it is otherwise provided for in the articles of incorporation:
absorption-type merger (but only if the membership company disappears in the absorption-type merger); or
absorption-type company split (limited to cases where another company succeeds to all of the rights and obligations held by relevant membership company (limited to a limited liability company) in connection with its business).
The provisions of Article 789 (excluding paragraph (1), item (iii) and paragraph (2), item (iii)) and Article 790 apply mutatis mutandis to a membership company disappearing in an absorption-type merger or a company splitting in an absorption-type split, which is a limited liability company (hereinafter referred to as the "limited liability company splitting in the absorption-type split" in this Section). In these cases, the phrase "creditors of the stock company splitting in the absorption-type split who are unable to request the stock company splitting in the absorption-type split to perform the obligations (including performance of the guarantee obligations that the stock company splitting in the absorption-type split jointly and severally assumes with the company succeeding in the absorption-type split as a guarantor) (or, if there are provisions on the matter set forth in Article 758, item (viii) or Article 760, item (vii), creditors of the stock company splitting in the absorption-type split)" in Article 789, paragraph (1), item (ii) is deemed to be replaced with "creditors of the stock company splitting in the absorption-type split who are unable to request the stock company splitting in the absorption-type split to perform the obligations (including performance of the guarantee obligations that the stock company splitting in the absorption-type split jointly and severally assumes with the company succeeding in the absorption-type split as a guarantor)" and the term "disappearing stock company, etc." in paragraph (3) of that Article is deemed to be replaced with "membership company disappearing in the absorption-type merger (limited to a limited liability company if the company surviving the absorption-type merger is a stock company or a limited liability company) or the limited liability company splitting in the absorption-type split".
第七百八十九条(第一項第三号及び第二項第三号を除く。)及び第七百九十条の規定は、吸収合併消滅持分会社又は合同会社である吸収分割会社(以下この節において「吸収分割合同会社」という。)について準用する。この場合において、第七百八十九条第一項第二号中「債権者(第七百五十八条第八号又は第七百六十条第七号に掲げる事項についての定めがある場合にあっては、吸収分割株式会社の債権者)」とあるのは「債権者」と、同条第三項中「消滅株式会社等」とあるのは「吸収合併消滅持分会社(吸収合併存続会社が株式会社又は合同会社である場合にあっては、合同会社に限る。)又は吸収分割合同会社」と読み替えるものとする。
Read this with the articles around it
(Absorption-Type Company Split Agreement Which Causes a Stock Company to Succeed to Rights and Obligations)
if the stock company splitting in the absorption-type split conducts any one of the following acts on the effective day, a statement to that effect:
吸収分割株式会社が効力発生日に次に掲げる行為をするときは、その旨
Open this provision(Absorption-Type Company Split Agreement Which Causes a Membership Company to Succeed to Rights and Obligations)
if the stock company splitting in the absorption-type split conducts any one of the following acts on the effective day, a statement to that effect:
吸収分割株式会社が効力発生日に次に掲げる行為をするときは、その旨
Open this provision(Creditor Objections)
In the cases set forth in the following items, the creditors provided for in those items may state their objections to the absorption-type merger, etc. to the disappearing stock company, etc.:
次の各号に掲げる場合には、当該各号に定める債権者は、消滅株式会社等に対し、吸収合併等について異議を述べることができる。
Open this provision(Creditor Objections)
in cases of effecting an absorption-type company split:creditors of the stock company splitting in the absorption-type split who are unable to request the stock company splitting in the…
吸収分割をする場合 吸収分割後吸収分割株式会社に対して債務の履行(当該債務の保証人として吸収分割承継会社と連帯して負担する保証債務の履行を含む。)を請求することができない吸収分割株式会社の債権者(第七百五十八条第八号又は第七百六十条第七号に掲げる事項についての定めがある場合にあっては、吸収分割株式会社の債権者)
Open this provision(Creditor Objections)
if the share options under share exchange agreement are share options attached to those bonds with share options:the holders constituting bonds with share options.
株式交換契約新株予約権が新株予約権付社債に付された新株予約権である場合 当該新株予約権付社債についての社債権者
Open this provision(Creditor Objections)
the matters prescribed by Ministry of Justice Order as the matters regarding the financial statements of the disappearing stock company, etc. and the surviving company…
消滅株式会社等及び存続会社等(株式会社に限る。)の計算書類に関する事項として法務省令で定めるもの
Open this provision(Creditor Objections)
Notwithstanding the provisions of the preceding paragraph, if the disappearing stock company, etc. gives public notice under that paragraph by the method of public notice set forth in Article 939…
前項の規定にかかわらず、消滅株式会社等が同項の規定による公告を、官報のほか、第九百三十九条第一項の規定による定款の定めに従い、同項第二号又は第三号に掲げる公告方法によりするときは、前項の規定による各別の催告(吸収分割をする場合における不法行為によって生じた吸収分割株式会社の債務の債権者に対するものを除く。)は…
Open this provision(Change in the Effective Day of Absorption-Type Mergers)
A disappearing stock company, etc. may change the effective day by agreement with the surviving company, etc.
消滅株式会社等は、存続会社等との合意により、効力発生日を変更することができる。
Open this provisioncompany
「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
absorption-type merger
「吸収合併」
A merger in which one existing company survives and takes over all the rights and obligations of the other company, which ceases to exist.
Defined inArticle 2, paragraph (1), item (xxvii)· applies throughout the law
absorption-type company split
「吸収分割」
A stock company or limited liability company's handing over all or part of the rights and obligations of its business to another existing company, which takes them over.
Defined inArticle 2, paragraph (1), item (xxix)· applies throughout the law
membership company
「持分会社」
General partnership companies, limited partnership companies and limited liability companies taken together: the three kinds of company under this Act that are owned by members rather than by shareholders.
Short name set inArticle 575, paragraph (1)
company surviving the absorption-type merger
「吸収合併存続会社」
The company that survives an absorption-type merger and takes over the rights and obligations of the company that ceases to exist.
Short name set inArticle 749, paragraph (1)· applies only in this part
membership company disappearing in the absorption-type mergermachine translation
「吸収合併消滅持分会社」
A membership company (a general partnership, limited partnership or limited liability company) that ceases to exist in an absorption-type merger.
Short name set inArticle 749, paragraph (1), item (ii)· applies only in this part
company splitting in the absorption-type split
「吸収分割会社」
The company that hands over rights and obligations of its business to another company in an absorption-type company split.
Short name set inArticle 758, paragraph (1), item (i)· applies only in this part
stock company splitting in the absorption-type split
「吸収分割株式会社」
A stock company that hands over rights and obligations of its business to another company in an absorption-type company split.
Short name set inArticle 758, paragraph (1), item (ii)· applies only in this part
effective day
「効力発生日」
The day on which the corporate action in question takes effect, such as a share consolidation, business transfer, entity conversion, merger, company split, share exchange or partial share exchange.
Short name set inArticle 782, paragraph (1)· applies only in this section
absorption-type merger agreement, etc.
「吸収合併契約等」
The agreement for an absorption-type merger, an absorption-type company split or a share exchange, which the companies involved must keep at their head office for shareholders and creditors to inspect.
Short name set inArticle 782, paragraph (1)· applies only in this section
limited liability company splitting in the absorption-type splitmachine translation
「吸収分割合同会社」
A limited liability company that hands over rights and obligations of its business to another company in an absorption-type company split.
Short name set inArticle 793, paragraph (2)· applies only in this section
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.