Article 800Special Provisions on Cases Where the Monies to Be Delivered to Shareholders of the Disappearing Company Are the Parent Company's Shares of the Surviving Stock Company
第八百条(消滅会社等の株主等に対して交付する金銭等が存続株式会社等の親会社株式である場合の特則)
Notwithstanding the provisions of Article 135, paragraph (1), if all or part of the monies, etc. to be delivered to shareholders of the stock company disappearing in an absorption-type merger or the wholly owned subsidiary company resulting from a share exchange, to members of the membership company disappearing in the absorption-type merger or to the company splitting in the absorption-type split (hereinafter referred to as "shareholders, etc. of the disappearing company, etc." in this paragraph) are the parent company's shares (meaning the parent company's shares prescribed in paragraph (1) of that Article; hereinafter the same applies in this Article) of the surviving stock company, etc., the surviving stock company, etc. may acquire relevant parent company's shares in a number not exceeding the total number of relevant parent company's shares to be delivered to the shareholders, etc. of the disappearing company, etc. at the time of the absorption-type merger, etc.
第百三十五条第一項の規定にかかわらず、吸収合併消滅株式会社若しくは株式交換完全子会社の株主、吸収合併消滅持分会社の社員又は吸収分割会社(以下この項において「消滅会社等の株主等」という。)に対して交付する金銭等の全部又は一部が存続株式会社等の親会社株式(同条第一項に規定する親会社株式をいう。以下この条において同じ。)である場合には、当該存続株式会社等は、吸収合併等に際して消滅会社等の株主等に対して交付する当該親会社株式の総数を超えない範囲において当該親会社株式を取得することができる。
Notwithstanding the provisions of Article 135, paragraph (3), the surviving stock company, etc. referred to in the preceding paragraph may hold the parent company's shares of the surviving stock company, etc. until the effective day; provided, however, that this does not apply when the absorption-type merger, etc. is cancelled.
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monies, etc.machine translation
「金銭等」
Money and any other property.
Defined inArticle 151, paragraph (1)
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
stock company disappearing in the absorption-type mergermachine translation
「吸収合併消滅株式会社」
A stock 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
wholly owned subsidiary company resulting from the share exchangemachine translation
「株式交換完全子会社」
The stock company all of whose issued shares are acquired by another company in a share exchange.
Short name set inArticle 768, paragraph (1), item (i)· 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, etc.
「吸収合併等」
An absorption-type merger, an absorption-type company split or a share exchange.
Short name set inArticle 782, paragraph (1)· applies only in this section
surviving stock company, etc.
「存続株式会社等」
A stock company that survives an absorption-type merger, takes over business in an absorption-type company split, or becomes the wholly owning parent company in a share exchange.
Short name set inArticle 794, paragraph (1)· applies only in this division
shareholders, etc. of the disappearing company, etc.
「消滅会社等の株主等」
The shareholders or members of a company merged away or becoming wholly owned in a share exchange, or in a company split the splitting company itself: those who receive shares or other consideration from the surviving stock company, etc.
Short name set inArticle 800, paragraph (1)· applies only in this paragraph
parent company's shares
「親会社株式」
Shares of the stock company that is a company's parent company, which that subsidiary company may generally not acquire.
Defined inArticle 800, paragraph (1)· applies only in this article