Board of liquidators is organized by all liquidators.
清算人会は、すべての清算人で組織する。
Board of liquidators performs the following duties:
清算人会は、次に掲げる職務を行う。
deciding the execution of the business of the company with board of liquidators;
清算人会設置会社の業務執行の決定
supervising the execution of the duties by liquidators; and
清算人の職務の執行の監督
appointing and removing representative liquidators.
代表清算人の選定及び解職
Board of liquidators must appoint representative liquidators from among the liquidators; provided, however, that this does not apply if there are other representative liquidators.
清算人会は、清算人の中から代表清算人を選定しなければならない。ただし、他に代表清算人があるときは、この限りでない。
Board of liquidators may remove representative liquidators it appointed and persons who became representative liquidators pursuant to the provisions of Article 483, paragraph (4).
清算人会は、その選定した代表清算人及び第四百八十三条第四項の規定により代表清算人となった者を解職することができる。
If the court has prescribed representative liquidators under the provisions of Article 483, paragraph (5), the board of liquidators cannot select or remove the representative liquidators.
第四百八十三条第五項の規定により裁判所が代表清算人を定めたときは、清算人会は、代表清算人を選定し、又は解職することができない。
Board of liquidators cannot delegate the decisions on the execution of important business such as the following matters to the liquidators:
清算人会は、次に掲げる事項その他の重要な業務執行の決定を清算人に委任することができない。
the disposal and acceptance of transfer of important assets;
重要な財産の処分及び譲受け
borrowing in a significant amount;
多額の借財
the appointment and dismissal of managers or other important employees;
支配人その他の重要な使用人の選任及び解任
the establishment, change or closure of branch offices and other important structures;
支店その他の重要な組織の設置、変更及び廃止
the matters set forth in Article 676, item (i)and other matters prescribed by Ministry of Justice Order as important matters regarding the solicitation of persons to subscribe for bonds; or
第六百七十六条第一号に掲げる事項その他の社債を引き受ける者の募集に関する重要な事項として法務省令で定める事項
the development of systems necessary to ensure that the execution of the duties by the liquidators comply with the laws and regulations and the articles of incorporation, and other systems prescribed by Ministry of Justice Order as the systems necessary to ensure the proper business of a liquidating stock company.
清算人の職務の執行が法令及び定款に適合することを確保するための体制その他清算株式会社の業務の適正を確保するために必要なものとして法務省令で定める体制の整備
The following liquidators execute the business of the company with board of liquidators:
次に掲げる清算人は、清算人会設置会社の業務を執行する。
a liquidator other than a representative liquidator who is appointed by the resolution of the board of liquidators as the liquidator who is to execute the business of a company with board of liquidators.
The provisions of Article 363, paragraph (2), Article 364 and Article 365 apply mutatis mutandis to a company with board of liquidators. In these cases, in Article 363, paragraph (2), the phrase "each item of the preceding paragraph" is deemed to be replaced with "each item of Article 489, paragraph (7)", the term "director" is deemed to be replaced with "liquidator", the term "board of directors" is deemed to be replaced with as "board of liquidators"; in Article 364, the term "Article 353" is deemed to be replaced with "Article 353 applied mutatis mutandis under Article 482, paragraph (4)", the term "board of directors" is deemed to be replaced with "board of liquidators"; in Article 365, paragraph (1), the term "Article 356" is deemed to be replaced with "Article 356 applied mutatis mutandis under Article 482, paragraph (4)", the term "board of directors" is deemed to be replaced with "board of liquidators"; and in Article 365, paragraph (2), the phrase "each item of Article 356, paragraph (1)" is deemed to be replaced with "each item of Article 356, paragraph (1) applied mutatis mutandis under Article 482, paragraph (4)", the term "director" is deemed to be replaced with as "liquidator", and the phrase "to the board of directors" is deemed to be replaced with "to the board of liquidators".
第三百六十三条第二項、第三百六十四条及び第三百六十五条の規定は、清算人会設置会社について準用する。この場合において、第三百六十三条第二項中「前項各号」とあるのは「第四百八十九条第七項各号」と、「取締役は」とあるのは「清算人は」と、「取締役会」とあるのは「清算人会」と、第三百六十四条中「第三百五十三条」とあるのは「第四百八十二条第四項において準用する第三百五十三条」と、「取締役会は」とあるのは「清算人会は」と、第三百六十五条第一項中「第三百五十六条」とあるのは「第四百八十二条第四項において準用する第三百五十六条」と、「「取締役会」とあるのは「「清算人会」と、同条第二項中「第三百五十六条第一項各号」とあるのは「第四百八十二条第四項において準用する第三百五十六条第一項各号」と、「取締役は」とあるのは「清算人は」と、「取締役会に」とあるのは「清算人会に」と読み替えるものとする。
Read this with the articles around it
(Representation of Companies in Actions between Stock Company and Directors)
Notwithstanding the provisions of Article 349, paragraph (4), if a stock company files an action against its directors…
第三百四十九条第四項の規定にかかわらず、株式会社が取締役（取締役であった者を含む。以下この条において同じ。）に対し、又は取締役が株式会社に対して訴えを提起する場合には、株主総会は、当該訴えについて株式会社を代表する者を定めることができる。
Open this provision(Restrictions on Competition and Conflicting Interest Transactions)
In the following cases, a director must disclose the material facts on the relevant transactions at a shareholders meeting and obtain approval of the shareholders meeting:
取締役は、次に掲げる場合には、株主総会において、当該取引につき重要な事実を開示し、その承認を受けなければならない。
Open this provision(Restrictions on Competition and Conflicting Interest Transactions)
In the following cases, a director must disclose the material facts on the relevant transactions at a shareholders meeting and obtain approval of the shareholders meeting:
取締役は、次に掲げる場合には、株主総会において、当該取引につき重要な事実を開示し、その承認を受けなければならない。
Open this provision(Authority of Directors of Companies with Board of Directors)
The following directors execute the operations of a company with board of directors:
次に掲げる取締役は、取締役会設置会社の業務を執行する。
Open this provision(Authority of Directors of Companies with Board of Directors)
The directors set forth in each item of the preceding paragraph must report the status of the execution of the director's duties to the board of directors at least once every three months.
前項各号に掲げる取締役は、三箇月に一回以上、自己の職務の執行の状況を取締役会に報告しなければならない。
Open this provision(Representation of Company in Actions between Companies with Board of Directors and Directors)
In the case provided for in Article 353, except when there is designation by a shareholders meeting pursuant to the provisions of that Article, the board of directors may designate a person to…
第三百五十三条に規定する場合には、取締役会は、同条の規定による株主総会の定めがある場合を除き、同条の訴えについて取締役会設置会社を代表する者を定めることができる。
Open this provision(Restrictions on Competition and Transactions with Companies with Board of Directors)
For the purpose of the application of the provisions of Article 356 to a company with board of directors, the term "shareholders meeting" in paragraph (1) of that Article is deemed to be replaced…
取締役会設置会社における第三百五十六条の規定の適用については、同条第一項中「株主総会」とあるのは、「取締役会」とする。
Open this provision(Restrictions on Competition and Transactions with Companies with Board of Directors)
For the purpose of the application of the provisions of Article 356 to a company with board of directors, the term "shareholders meeting" in paragraph (1) of that Article is deemed to be replaced…
取締役会設置会社における第三百五十六条の規定の適用については、同条第一項中「株主総会」とあるのは、「取締役会」とする。
Open this provision(Restrictions on Competition and Transactions with Companies with Board of Directors)
At a company with board of directors, a director who has engaged in transactions under each item of Article 356, paragraph (1) must report the material facts with respect to relevant transaction to…
取締役会設置会社においては、第三百五十六条第一項各号の取引をした取締役は、当該取引後、遅滞なく、当該取引についての重要な事実を取締役会に報告しなければならない。
Open this provision(Execution of Business)
The provisions of Articles 353 through 357 (excluding paragraph (3)), Article 360 and Article 361, paragraphs (1) and (4) apply mutatis mutandis to liquidators…
第三百五十三条から第三百五十七条（第三項を除く。）まで、第三百六十条並びに第三百六十一条第一項及び第四項の規定は、清算人（同条の規定については、第四百七十八条第二項から第四項までの規定により裁判所が選任したものを除く。）について準用する。
Open this provision(Representatives of Liquidating Stock Companies)
If directors become liquidators pursuant to the provisions of Article 478, paragraph (1), item (i), if representative directors are already specified, relevant representative directors will be the…
第四百七十八条第一項第一号の規定により取締役が清算人となる場合において、代表取締役を定めていたときは、当該代表取締役が代表清算人となる。
Open this provision(Representatives of Liquidating Stock Companies)
If the court appoints liquidators pursuant to the provisions of Article 478, paragraphs (2) through (4), it may prescribe representative liquidators from among those liquidators.
裁判所は、第四百七十八条第二項から第四項までの規定により清算人を選任する場合には、その清算人の中から代表清算人を定めることができる。
Open this provision(Authority of Board of Liquidators)
The following liquidators execute the business of the company with board of liquidators:
次に掲げる清算人は、清算人会設置会社の業務を執行する。
Open this provision(Determination of Matters on Bonds for Subscription)
the total amount of bonds for subscription;
募集社債の総額
Open this provisionbond
「社債」
A money claim against a company, arising from an allotment the company makes under this Act, that is to be repaid according to the terms set under Article 676.
Defined inArticle 2, paragraph (1), item (xxiii)· applies throughout the law
liquidating stock companies
「清算株式会社」
A stock company that is being wound up, which is treated as still existing for the purposes of the liquidation until the liquidation is completed.
Short name set inArticle 476, paragraph (1)
company with board of liquidatorsmachine translation
「清算人会設置会社」
A liquidating stock company that has a board of liquidators, or that this Act requires to have one.
Defined inArticle 478, paragraph (8)
representative liquidatormachine translation
「代表清算人」
A liquidator who represents a stock company that is being wound up (a liquidating stock company).
Defined inArticle 483, paragraph (1)
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.
board of directors
取締役会
The body made up of all of a stock company's directors (Companies Act, Article 362, paragraph (1)). It decides how the company's business is carried out, supervises the directors, and appoints and removes the representative directors (代表取締役) (Article 362, paragraphs (2) and (3)) — except in a company with a nominating committee and the other committees (指名委員会等設置会社), where it appoints representative executive officers (代表執行役) instead (Articles 416 and 420). Some decisions, such as disposing of important assets or borrowing a large amount, it normally may not hand to the directors (Article 362, paragraph (4)). A company with an audit and supervisory committee (監査等委員会設置会社) can hand more of them to directors (Article 399-13, paragraphs (5) and (6)), and a company with the committees hands them to executive officers (執行役) rather than directors (Article 416, paragraphs (3) and (4)). A company chooses in its articles of incorporation whether to have one (Article 326, paragraph (2)), but a public company (公開会社), among others, must (Article 327, paragraph (1)): a public company is one whose articles of incorporation let at least some of its shares change hands without the company's approval (Article 2, item (v)). A company with a board must have at least three directors (Article 331, paragraph (5)).
Written by AI using Companies Act, Arts. 2, 326, 327, 331, 362, 399-13, 416, 420 as a reference.
director
取締役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)). Every stock company has at least one (Article 326, paragraph (1)). Where there is no board of directors, the directors run the company's business unless the articles of incorporation say otherwise (Article 348, paragraph (1)), and each of them represents it unless the company has chosen representative directors (代表取締役) or others to do that (Article 349, paragraphs (1) and (3)). Where there is a board (取締役会, board of directors), the directors are its members, and the board decides the business and normally chooses the representative directors from among them (Article 362). The term normally runs to the annual shareholders meeting for the last business year ending within two years of election (Article 332, paragraph (1)).
Written by AI using Companies Act, Arts. 326, 329, 332, 348, 349, 362 as a reference.