株式交付に際して株式交付子会社の株式及び新株予約権等の譲渡人に対して交付する金銭等（株式交付親会社の株式を除く。）が株式交付親会社の株式に準ずるものとして法務省令で定めるもののみである場合以外の場合には、株式交付親会社の債権者は、株式交付親会社に対し、株式交付について異議を述べることができる。
In cases other than cases where the monies, etc. (excluding the shares of the parent company resulting from a partial share exchange) to be delivered to the transferors of shares and share options, etc. of the subsidiary company resulting from a partial share exchange from the partial share exchange are limited to those prescribed by Ministry of Justice Order as being equivalent to shares in the parent company resulting from a partial share exchange, the creditors of the parent company resulting from a partial share exchange may state their objections to the partial share exchange to the parent company resulting from a partial share exchange.
前項の規定により株式交付親会社の債権者が異議を述べることができる場合には、株式交付親会社は、次に掲げる事項を官報に公告し、かつ、知れている債権者には、各別にこれを催告しなければならない。ただし、第四号の期間は、一箇月を下ることができない。
If creditors of a parent company resulting from a partial share exchange may state their objections pursuant to the provisions of the preceding paragraph, relevant parent company resulting from a partial share exchange must give public notice of the matters set forth below in Official Gazette and must give notices inviting objections separately to each known creditor, if any;provided, however, that the period provided in item (iv) must be at least one month:
株式交付をする旨
intent to effect a partial share exchange ;
株式交付子会社の商号及び住所
trade name and address of the subsidiary company resulting from a partial share exchange;
the matters prescribed by Ministry of Justice Order as the matters regarding the financial statements of the parent company resulting from a partial share exchange and subsidiary company resulting from a partial share exchange; and
債権者が一定の期間内に異議を述べることができる旨
the fact that creditors may state objections within a certain period of time.
前項の規定にかかわらず、株式交付親会社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は、することを要しない。
Notwithstanding the provisions of the preceding paragraph, if a parent company resulting from a partial share exchange gives public notice under that paragraph by method of public notice set forth in Article 939, paragraph (1), item (ii) or (iii) in accordance with the provisions of the articles of incorporation pursuant to the provisions of that paragraph beyond Official Gazette, the stock company is not required to give separate notices under the provisions of the preceding paragraph.
If a creditor has not stated an objection within the period of time specified under the terms of paragraph (2) item (iv), the creditor is deemed to have approved the partial share exchange .
債権者が第二項第四号の期間内に異議を述べたときは、株式交付親会社は、当該債権者に対し、弁済し、若しくは相当の担保を提供し、又は当該債権者に弁済を受けさせることを目的として信託会社等に相当の財産を信託しなければならない。ただし、当該株式交付をしても当該債権者を害するおそれがないときは、この限りでない。
If the creditors raise objections within the period under paragraph (2), item (iv), the parent company resulting from a partial share exchange must make payment to or provide appropriate security to relevant creditors, or entrust appropriate assets to a qualified trust company for the purpose of assuring the payment to relevant creditors;provided, however, that this does not apply if there is no risk of harm to that creditors by relevant partial share exchange .