Article 139-15-2Demand to Refrain from Implementing a Consolidation-Type Merger
第百三十九条の十五の二（新設合併をやめることの請求）
If a consolidation-type merger violates laws and regulations or articles of incorporation, and the shareholders of the incorporated financial instruments exchange disappearing in a consolidation-type merger are likely to suffer disadvantages, the shareholders of the incorporated financial instruments exchange disappearing in a consolidation-type merger may demand the incorporated financial instruments exchange disappearing in a consolidation-type merger to refrain from implementing the consolidation-type merger.
新設合併が法令又は定款に違反する場合において、新設合併消滅株式会社金融商品取引所の株主が不利益を受けるおそれがあるときは、新設合併消滅株式会社金融商品取引所の株主は、新設合併消滅株式会社金融商品取引所に対し、当該新設合併をやめることを請求することができる。
Read this with the articles around it
consolidation-type mergermachine translation
「新設合併」
A merger between two or more financial instruments exchanges (金融商品取引所) in which all the rights and obligations of the exchanges that cease to exist in it pass to a new exchange it incorporates.
Defined inArticle 136, paragraph (2)
incorporated financial instruments exchange disappearing in the consolidation-type mergermachine translation
「新設合併消滅株式会社金融商品取引所」
In Subsection 2 (mergers) of Section 4 of Chapter V, an incorporated financial instruments exchange (株式会社金融商品取引所) that ceases to exist in a consolidation-type merger (新設合併).
Short name set inArticle 139-2, paragraph (1), item (i)· applies only in this subsection
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.