Article 841Effects of a Judgment of Invalidation of Disposition of Treasury Shares
第八百四十一条(自己株式の処分の無効判決の効力)
When a judgment upholding a claim relating to an action seeking invalidation of a disposition of treasury shares becomes final and binding, the relevant stock company must pay, to shareholders of relevant treasury shares as of the time relevant judgment became final and binding, monies equivalent to the amount of payment received from them or the value of the property delivered by them as of the time of the delivery. In these cases, when relevant stock company is a share certificate-issuing company, the stock company may request relevant shareholders to return the old share certificates representing relevant treasury shares in exchange for the payment of relevant monies.
The provisions of paragraphs (2) through (6) of the preceding Article apply mutatis mutandis to the cases set forth in the preceding paragraph. In these cases, the term "shares" in paragraph (4) of that Article is deemed to be replaced with "treasury shares".
前条第二項から第六項までの規定は、前項の場合について準用する。この場合において、同条第四項中「株式」とあるのは、「自己株式」と読み替えるものとする。
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(Effects of a Judgment of Invalidation of New Share Issue)
When the amount of the monies referred to in the preceding paragraph is extremely unreasonable in light of the status of the company property as of the time the judgment referred to in that paragraph…
前項の金銭の金額が同項の判決が確定した時における会社財産の状況に照らして著しく不相当であるときは、裁判所は、同項前段の株式会社又は株主の申立てにより、当該金額の増減を命ずることができる。
Open this provision(Effects of a Judgment of Invalidation of New Share Issue)
The petition referred to in the preceding paragraph must be filed within six months from the day the judgment set forth in that paragraph became final and binding.
前項の申立ては、同項の判決が確定した日から六箇月以内にしなければならない。
Open this provision(Effects of a Judgment of Invalidation of New Share Issue)
In the cases prescribed in the first sentence of paragraph (1), the pledges on the shares set forth in the first sentence of that paragraph are effective with respect to the monies set forth in that…
第一項前段に規定する場合には、同項前段の株式を目的とする質権は、同項の金銭について存在する。
Open this provision(Effects of a Judgment of Invalidation of New Share Issue)
In the cases prescribed in the first sentence of paragraph (1), registered pledgees of shares with respect to the pledges set forth in the preceding paragraph may receive the monies set forth in…
第一項前段に規定する場合には、前項の質権の登録株式質権者は、第一項前段の株式会社から同項の金銭を受領し、他の債権者に先立って自己の債権の弁済に充てることができる。
Open this provision(Effects of a Judgment of Invalidation of New Share Issue)
If the claims under the preceding paragraph are not yet due and payable, the registered pledgees of share options may have the stock company set forth in the first sentence of paragraph (1) deposit…
前項の債権の弁済期が到来していないときは、同項の登録株式質権者は、第一項前段の株式会社に同項の金銭に相当する金額を供託させることができる。この場合において、質権は、その供託金について存在する。
Open this provision(Effects of a Judgment of Invalidation of Disposition of Treasury Shares)
When a judgment upholding a claim relating to an action seeking invalidation of a disposition of treasury shares becomes final and binding, the relevant stock company must pay…
自己株式の処分の無効の訴えに係る請求を認容する判決が確定したときは、当該株式会社は、当該判決の確定時における当該自己株式に係る株主に対し、払込みを受けた金額又は給付を受けた財産の給付の時における価額に相当する金銭を支払わなければならない。
Open this provisiontreasury sharesmachine translation
「自己株式」
Shares of a stock company that the company itself holds.
Defined inArticle 113, paragraph (4)
share certificate-issuing company
「株券発行会社」
A stock company whose articles of incorporation provide that it issues share certificates for its shares (for a company with class shares, for shares of every class).
Defined inArticle 117, paragraph (7)
old share certificatesmachine translation
「旧株券」
Share certificates for shares that have lost effect because a court declared their issue, or a similar corporate action, void; the company may ask holders to hand them back in exchange for what it must pay or return.
Defined inArticle 840, paragraph (1)· applies only in this section