# 会社法 / Companies Act — 第八百四十条 (Article 840) - Law: 会社法 (Companies Act), 平成十七年法律第八十六号 - English title "Companies Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第八百四十条 (Article 840)（新株発行の無効判決の効力） — address `art-840` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-840 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-840 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第八百四十条（新株発行の無効判決の効力） — (Effects of a Judgment of Invalidation of New Share Issue) caption: Ministry of Justice translation — Japanese Law Translation Database System art-840 · https://japanlaw.org/ja/companies-act/art-840 · https://japanlaw.org/l/417AC0000000086/art-840 **第一項** 新株発行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。この場合において、当該株式会社が株券発行会社であるときは、当該株式会社は、当該株主に対し、当該金銭の支払をするのと引換えに、当該株式に係る旧株券（前条の規定により効力を失った株式に係る株券をいう。以下この節において同じ。）を返還することを請求することができる。 art-840/par-1 · https://japanlaw.org/ja/companies-act/art-840/par-1 · https://japanlaw.org/l/417AC0000000086/art-840/par-1 When a judgment upholding a claim relating to an action seeking invalidation of a new share issue becomes final and binding, the relevant stock company must pay, to the shareholders of relevant 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 shares (meaning the share certificates representing the shares that became ineffective pursuant to the provisions of the preceding Article; hereinafter the same applies in this Section) in exchange for the payment of relevant monies. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 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。 art-840/par-2 · https://japanlaw.org/ja/companies-act/art-840/par-2 · https://japanlaw.org/l/417AC0000000086/art-840/par-2 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 became final and binding, the court may, in response to a petition by the stock company or shareholders referred to in the first sentence of that paragraph, order an increase or decrease of relevant amount. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 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。 art-840/par-3 · https://japanlaw.org/ja/companies-act/art-840/par-3 · https://japanlaw.org/l/417AC0000000086/art-840/par-3 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. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 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。 art-840/par-4 · https://japanlaw.org/ja/companies-act/art-840/par-4 · https://japanlaw.org/l/417AC0000000086/art-840/par-4 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 paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 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。 art-840/par-5 · https://japanlaw.org/ja/companies-act/art-840/par-5 · https://japanlaw.org/l/417AC0000000086/art-840/par-5 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 paragraph (1) from the stock company set forth in the first sentence of that paragraph, and appropriate them as payment to satisfy their own claims in priority to other creditors. Ministry of Justice translation — Japanese Law Translation Database System **第六項** 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。 art-840/par-6 · https://japanlaw.org/ja/companies-act/art-840/par-6 · https://japanlaw.org/l/417AC0000000086/art-840/par-6 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 an amount equivalent to the value of the monies provided for in that paragraph. In these cases, the pledges are effective with respect to the monies so deposited. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-840/par-1: 前条 → 会社法 第八百三十九条 (Article 839), art-839 — https://japanlaw.org/ja/companies-act/art-839 · https://japanlaw.org/l/417AC0000000086/art-839 - art-840/par-2: 前項 → 会社法 第八百四十条第一項 (Article 840, paragraph (1)), art-840/par-1 — https://japanlaw.org/ja/companies-act/art-840/par-1 · https://japanlaw.org/l/417AC0000000086/art-840/par-1 - art-840/par-3: 前項 → 会社法 第八百四十条第二項 (Article 840, paragraph (2)), art-840/par-2 — https://japanlaw.org/ja/companies-act/art-840/par-2 · https://japanlaw.org/l/417AC0000000086/art-840/par-2 - art-840/par-4: 第一項 → 会社法 第八百四十条第一項 (Article 840, paragraph (1)), art-840/par-1 — https://japanlaw.org/ja/companies-act/art-840/par-1 · https://japanlaw.org/l/417AC0000000086/art-840/par-1 - art-840/par-5: 第一項 → 会社法 第八百四十条第一項 (Article 840, paragraph (1)), art-840/par-1 — https://japanlaw.org/ja/companies-act/art-840/par-1 · https://japanlaw.org/l/417AC0000000086/art-840/par-1 - art-840/par-5: 前項 → 会社法 第八百四十条第四項 (Article 840, paragraph (4)), art-840/par-4 — https://japanlaw.org/ja/companies-act/art-840/par-4 · https://japanlaw.org/l/417AC0000000086/art-840/par-4 - art-840/par-6: 前項 → 会社法 第八百四十条第五項 (Article 840, paragraph (5)), art-840/par-5 — https://japanlaw.org/ja/companies-act/art-840/par-5 · https://japanlaw.org/l/417AC0000000086/art-840/par-5 - art-840/par-6: 第一項 → 会社法 第八百四十条第一項 (Article 840, paragraph (1)), art-840/par-1 — https://japanlaw.org/ja/companies-act/art-840/par-1 · https://japanlaw.org/l/417AC0000000086/art-840/par-1 ## Cited by 14 provisions cite this one. No official source publishes this direction. - 会社法 第八百三十四条第一項第二号（被告） — https://japanlaw.org/ja/companies-act/art-834/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-834/par-1/item-2 - 会社法 第八百四十条第二項（新株発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-840/par-2 · https://japanlaw.org/l/417AC0000000086/art-840/par-2 - 会社法 第八百四十条第三項（新株発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-840/par-3 · https://japanlaw.org/l/417AC0000000086/art-840/par-3 - 会社法 第八百四十条第四項（新株発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-840/par-4 · https://japanlaw.org/l/417AC0000000086/art-840/par-4 - 会社法 第八百四十条第五項（新株発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-840/par-5 · https://japanlaw.org/l/417AC0000000086/art-840/par-5 - 会社法 第八百四十条第六項（新株発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-840/par-6 · https://japanlaw.org/l/417AC0000000086/art-840/par-6 - 会社法 第八百四十一条第二項（自己株式の処分の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-841/par-2 · https://japanlaw.org/l/417AC0000000086/art-841/par-2 - 会社法 第八百四十二条第二項（新株予約権発行の無効判決の効力） — https://japanlaw.org/ja/companies-act/art-842/par-2 · https://japanlaw.org/l/417AC0000000086/art-842/par-2 - 会社法 第八百七十二条第一項第二号（即時抗告） — https://japanlaw.org/ja/companies-act/art-872/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-872/par-1/item-2 - 会社法 第八百七十二条第一項第三号（即時抗告） — https://japanlaw.org/ja/companies-act/art-872/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-872/par-1/item-3 - 会社法 第八百七十七条第一項（審問等の必要的併合） — https://japanlaw.org/ja/companies-act/art-877/par-1 · https://japanlaw.org/l/417AC0000000086/art-877/par-1 - 会社法 第八百七十八条第一項（裁判の効力） — https://japanlaw.org/ja/companies-act/art-878/par-1 · https://japanlaw.org/l/417AC0000000086/art-878/par-1 - 会社法 第八百七十八条第二項（裁判の効力） — https://japanlaw.org/ja/companies-act/art-878/par-2 · https://japanlaw.org/l/417AC0000000086/art-878/par-2 - 金融商品取引法 第百二条第二項（組織変更の無効の訴え） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-102/par-2 · https://japanlaw.org/l/323AC0000000025/art-102/par-2 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 会社法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/417AC0000000086/20260812_508AC0000000064), retrieved 2026-09-17 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 1 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4481/tb), retrieved 2026-09-17 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 2 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4482/tb), retrieved 2026-09-17 - This site's parser, version 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17