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Article 796-2Demanding Cessation of Absorption-Type Merger

第七百九十六条の二(吸収合併等をやめることの請求)

In the following cases, if shareholders of the surviving stock company, etc. are likely to suffer disadvantages, shareholders of the surviving stock company, etc. may demand the surviving stock company, etc. to cease an absorption-type merger, etc.;provided, however, that this does not apply to cases prescribed in the main clause of paragraph (2) of the preceding Article (excluding the cases set forth in the items of Article 795, paragraph (2) and the cases prescribed in the proviso to paragraph (1) or paragraph (3) of the preceding Article):

次に掲げる場合において、存続株式会社等の株主が不利益を受けるおそれがあるときは、存続株式会社等の株主は、存続株式会社等に対し、吸収合併等をやめることを請求することができる。ただし、前条第二項本文に規定する場合(第七百九十五条第二項各号に掲げる場合及び前条第一項ただし書又は第三項に規定する場合を除く。)は、この限りでない。

if the absorption-type merger, etc. violates laws and regulations or the articles of incorporation; or

当該吸収合併等が法令又は定款に違反する場合

if prescribed in the main clause of paragraph (1) of the preceding Article, when the matters set forth in Article 749, paragraph (1), item (ii) or (iii), Article 758, item (iv), or Article 768, paragraph (1), item (ii) or (iii) are extremely improper in light of the financial status of the surviving stock company, etc. or disappearing company, etc.

前条第一項本文に規定する場合において、第七百四十九条第一項第二号若しくは第三号第七百五十八条第四号又は第七百六十八条第一項第二号若しくは第三号に掲げる事項が存続株式会社等又は消滅会社等の財産の状況その他の事情に照らして著しく不当であるとき。

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