The provisions of Article 267 of the Code of Civil Procedure do not apply to the subject-matter of a suit relating to an action for to enforce liability if a stock company, etc. is not a party to settlement in relevant suit; provided, however, that this does not apply when relevant stock company, etc. has given approval.
民事訴訟法第二百六十七条の規定は、株式会社等が責任追及等の訴えに係る訴訟における和解の当事者でない場合には、当該訴訟における訴訟の目的については、適用しない。ただし、当該株式会社等の承認がある場合は、この限りでない。
In the case prescribed in the preceding paragraph, the court must notify the stock company, etc. of the contents of the settlement and give the stock company notice to the effect that it should state its objection to relevant settlement, if any, within two weeks.
If the stock company, etc. does not raise any objections in writing within the period referred to in the preceding paragraph, it is deemed to have given the approval for shareholders, etc. to effect a settlement with the contents of the notice under the provisions of that paragraph.
The provisions of Article 55, Article 102-2, paragraph (2), Article 103, paragraph (3), Article 120, paragraph (5), Article 213-2, paragraph (2), Article 286-2, paragraph (2), Article 424 (including the cases where it is applied mutatis mutandis pursuant to Article 486, paragraph (4)), Article 462, paragraph (3) (limited to the portion relating to the obligations assumed for the portion not exceeding the distributable amount prescribed in the proviso to that paragraph), Article 464, paragraph (2) and Article 465, paragraph (2) do not apply in cases of effecting a settlement in a suit relating to an action to enforce liability.
第五十五条、第百二条の二第二項、第百三条第三項、第百二十条第五項、第二百十三条の二第二項、第二百八十六条の二第二項、第四百二十四条（第四百八十六条第四項において準用する場合を含む。）、第四百六十二条第三項（同項ただし書に規定する分配可能額を超えない部分について負う義務に係る部分に限る。）、第四百六十四条第二項及び第四百六十五条第二項の規定は、責任追及等の訴えに係る訴訟における和解をする場合には、適用しない。
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distributable amount
「分配可能額」
The most a stock company may pay out to its shareholders in dividends or by buying back its own shares, worked out under Article 461, paragraph (2) from its surplus less the amounts listed there.
Defined inArticle 461, paragraph (2)
action to enforce liability
「責任追及等の訴え」
A lawsuit to enforce the liability of a stock company's incorporators, officers, etc. or liquidators, or to recover certain payments owed to the company, which a shareholder may demand the company bring and may bring on its behalf if it does not.
Short name set inArticle 847, paragraph (1)· applies only in this section
shareholder, etc.machine translation
「株主等」
In actions to enforce the liability of a company's officers and others, the company's shareholders, its qualified former shareholders (former shareholders who, through a share exchange, share transfer or merger, received and still hold shares in a wholly owning parent company, under Article 847-2), and the shareholders of its ultimate wholly owning parent company, etc.
Defined inArticle 847-4, paragraph (2)· applies only in this section
stock company, etc.
「株式会社等」
The stock company, or wholly owned subsidiary company resulting from the share exchange, etc., on whose behalf an action to enforce the liability of its officers is brought.
Short name set inArticle 848, paragraph (1)· applies only in this section