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Article 846-5Order to Provide Security

第八百四十六条の五(担保提供命令)

With regard to an action seeking invalidation of acquisition of shares, etc. subject to the cash-out, the court may order the shareholder subject to the cash-out who has filed the action seeking invalidation of acquisition of shares, etc. subject to the cash-out to provide reasonable security in response to a petition by the defendant;provided, however, that this does not apply when the shareholder subject to the cash-out is a director, company auditor, executive officer, or liquidator of the subject company.

売渡株式等の取得の無効の訴えについては、裁判所は、被告の申立てにより、当該売渡株式等の取得の無効の訴えを提起した売渡株主に対し、相当の担保を立てるべきことを命ずることができる。ただし、当該売渡株主が対象会社取締役監査役、執行役又は清算人であるときは、この限りでない。

In order for a defendant to file the petition referred to in the preceding paragraph, the defendant must make a prima facie showing that the plaintiff filed the action in bad faith.

被告は、前項の申立てをするには、原告の訴えの提起が悪意によるものであることを疎明しなければならない。

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