Subsection 5 Demanding Cessation of Issuing Shares for Subscription
第五款 募集株式の発行等をやめることの請求
第二百十条
In the following cases, if shareholders are likely to suffer disadvantage, shareholders may demand that the stock company cease a share issue or disposition of treasury shares relating to solicitations under Article 199, paragraph (1):
if relevant share issue or disposition of treasury shares violates laws and regulations or the articles of incorporation; or
当該株式の発行又は自己株式の処分が法令又は定款に違反する場合
if relevant share issue or disposition of treasury shares is effected by using a method which is extremely unfair.
当該株式の発行又は自己株式の処分が著しく不公正な方法により行われる場合
Subsection 6 Liabilities Relating to Solicitation
第六款 募集に係る責任等
Article 211Restrictions on Invalidation or Rescission of Subscription
第二百十一条（引受けの無効又は取消しの制限）
The provisions of the proviso to Article 93, paragraph (1) and the provisions of Article 94, paragraph (1) of the Civil Code do not apply to manifestation of intention relating to applications for subscription for and the allotment of shares for subscription, and relating to the contract referred to in the Article 205, paragraph (1).
民法第九十三条第一項ただし書及び第九十四条第一項の規定は、募集株式の引受けの申込み及び割当て並びに第二百五条第一項の契約に係る意思表示については、適用しない。
If one year has elapsed from the day on which a subscriber for shares for subscription became a shareholder pursuant to the provisions of Article 209, paragraph (1), or if the subscriber has exercised the rights in relation to relevant shares, the subscriber for shares for subscription may not rescind the subscription for shares for subscription on the grounds of mistake, fraud or duress.
Article 212Liabilities of Persons Who Subscribed for Shares with Unfair Amount to Be Paid in
第二百十二条（不公正な払込金額で株式を引き受けた者等の責任）
In the cases set forth in the following items, subscribers for shares for subscription are liable to a stock company for payment of the amount provided for in relevant items:
募集株式の引受人は、次の各号に掲げる場合には、株式会社に対し、当該各号に定める額を支払う義務を負う。
if the subscriber subscribed for the shares for subscription at an amount to be paid in that is extremely unfair, in collusion with directors (or directors or executive officers for a company with nominating committee, etc.):the amount equivalent to the difference between the amount to be paid in and the fair value of the shares for subscription;
取締役（指名委員会等設置会社にあっては、取締役又は執行役）と通じて著しく不公正な払込金額で募集株式を引き受けた場合 当該払込金額と当該募集株式の公正な価額との差額に相当する金額
if the value of the property contributed in kind that the subscriber tendered when the subscriber became a shareholder of the shares for subscription pursuant to the provisions of Article 209, paragraph (1) is extremely short of the value provided for under Article 199, paragraph (1), item (iii) with respect to the property contributed in kind:the amount of relevant shortfall.
第二百九条第一項の規定により募集株式の株主となった時におけるその給付した現物出資財産の価額がこれについて定められた第百九十九条第一項第三号の価額に著しく不足する場合 当該不足額
In the cases provided for in item (ii) of the preceding paragraph, if the subscriber for shares for subscription who tendered the property contributed in kind has acted in good faith and without gross negligence as to the fact that the value of the property contributed in kind is extremely short of the value prescribed under Article 199, paragraph (1), item (iii) with respect to the property contributed in kind, the relevant subscriber may rescind the manifestation of intention relating to applications for subscription for shares for subscription or relating to the contract provided for in Article 205, paragraph (1).
前項第二号に掲げる場合において、現物出資財産を給付した募集株式の引受人が当該現物出資財産の価額がこれについて定められた第百九十九条第一項第三号の価額に著しく不足することにつき善意でかつ重大な過失がないときは、募集株式の引受けの申込み又は第二百五条第一項の契約に係る意思表示を取り消すことができる。
Article 213Liabilities of Directors in Case of Shortfall in Value of Property Contributed
第二百十三条（出資された財産等の価額が不足する場合の取締役等の責任）
In the cases set forth in paragraph (1), item (ii) of the preceding Article, the following persons (hereinafter in this Article referred to as "directors, etc.") are liable to the stock company for payment of the amounts specified in relevant items:
executive directors who carried out duties regarding the solicitation of subscribers for relevant shares for subscription (or, for a company with nominating committee, etc., executive officers; hereinafter the same applies in this item) and other persons prescribed by Ministry of Justice Order as persons who were involved, in the performance of their duties, in the execution of the business of the executive directors;
当該募集株式の引受人の募集に関する職務を行った業務執行取締役（指名委員会等設置会社にあっては、執行役。以下この号において同じ。）その他当該業務執行取締役の行う業務の執行に職務上関与した者として法務省令で定めるもの
if a resolution regarding the determination of the value of property contributed in kind is passed at a shareholders meeting, the persons prescribed by Ministry of Justice Order as the directors who submitted proposals to relevant shareholders meeting;
現物出資財産の価額の決定に関する株主総会の決議があったときは、当該株主総会に議案を提案した取締役として法務省令で定めるもの
if a resolution regarding the determination of the value of property contributed in kind is passed at a board of directors meeting, the persons prescribed by Ministry of Justice Order as the directors (or, for a company with nominating committee, etc., directors or executive officers) who submitted proposals to relevant board of directors meeting.
現物出資財産の価額の決定に関する取締役会の決議があったときは、当該取締役会に議案を提案した取締役（指名委員会等設置会社にあっては、取締役又は執行役）として法務省令で定めるもの
Notwithstanding the provisions of the preceding paragraph, the directors, etc. are not liable for property contributed in kind under that paragraph in the cases set forth below:
an investigation has been carried out by an inspector under Article 207, paragraph (2) with respect to the value of the property contributed in kind; or
relevant directors, etc. have proven that they did not fail to exercise due care with respect to the performance of their duties.
当該取締役等がその職務を行うについて注意を怠らなかったことを証明した場合
In the cases provided for in paragraph (1), the person who submitted the verification provided for in Article 207, paragraph (9), item (iv) (hereinafter in this Article referred to as "verifying person") is liable for payment of the amount provided for in paragraph (1), item (ii) of the preceding Article to the stock company; provided, however, that this does not apply if relevant verifying person has proven that the verifying person did not fail to exercise care with respect to the submission of the verification.
第一項に規定する場合には、第二百七条第九項第四号に規定する証明をした者（以下この条において「証明者」という。）は、株式会社に対し前条第一項第二号に定める額を支払う義務を負う。ただし、当該証明者が当該証明をするについて注意を怠らなかったことを証明したときは、この限りでない。
If a subscriber for shares for subscription bears an obligation to pay an amount provided for in paragraph (1), item (ii) of the preceding Article with respect to property contributed in kind tendered by the subscriber, if the persons set forth as follows bear obligations provided for in relevant items with respect to relevant property contributed in kind, theses persons will be joint and several obligors:
directors, etc.:the obligations under paragraph (1); and
verifying persons:the obligations under the main clause of the preceding paragraph.
第二百十三条の二（出資の履行を仮装した募集株式の引受人の責任）
In the cases set forth in the following items, subscribers for shares for subscription are liable to a stock company for performing the acts specified in those items:
募集株式の引受人は、次の各号に掲げる場合には、株式会社に対し、当該各号に定める行為をする義務を負う。
in cases of falsifying the payment pursuant to the provisions of Article 208, paragraph (1):payment of the entire payment amount for which the payment is falsified; and
第二百八条第一項の規定による払込みを仮装した場合 払込みを仮装した払込金額の全額の支払
in cases of falsifying the delivery pursuant to the provisions of Article 208, paragraph (2):payment of property contributed in kind for which the delivery is falsified (if a stock company requests to pay money equivalent to the value of the property contributed in kind in lieu of the delivery, payment of the entire amount of the money).
The liabilities of the subscriber of shares for subscription pursuant to the provisions of the preceding paragraph may not be exempted without the consent of all shareholders.
Article 213-3Liabilities of Directors in the Case of Falsifying the Performance of Contribution
第二百十三条の三（出資の履行を仮装した場合の取締役等の責任）
In the cases set forth in the items of paragraph (1) of the preceding Article, a person prescribed by Ministry of Justice Order as a director (in cases of a company with nominating committee, etc., including executive officers) involved in the falsifying of the performance of contribution by a subscriber of shares for subscription is liable to make the payment prescribed in those items to the stock company; provided, however, that this does not apply to cases where the person (excluding the person who falsified the performance of contribution) proves that the person did not fail to exercise due care with respect to the performance of the person's duties.
前条第一項各号に掲げる場合には、募集株式の引受人が出資の履行を仮装することに関与した取締役（指名委員会等設置会社にあっては、執行役を含む。）として法務省令で定める者は、株式会社に対し、当該各号に規定する支払をする義務を負う。ただし、その者（当該出資の履行を仮装したものを除く。）がその職務を行うについて注意を怠らなかったことを証明した場合は、この限りでない。
If a subscriber of shares for subscription is liable to make the payment prescribed in the items of paragraph (1) of the preceding Article, if the person prescribed in the preceding paragraph is liable as set forth in the same paragraph, these persons will be joint and several obligors.