Supervisory Order - Kantoku Meirei

Japanese: 監督命令 - かんとくめいれい
Supervisory Order - Kantoku Meirei

…The decision to commence liquidation makes the company a liquidation company, but no administrator is appointed and the directors continue to manage the company and its assets as before. However, the court may, when necessary, appoint a supervisor and require the consent of the supervisor for certain actions designated by the court (supervision order), or appoint an administrator to carry out all operations on behalf of the directors (management order; Articles 397 and 398). …

*Some explanations of terms that refer to "supervisory orders" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…開始の決定により会社は整理会社となるが,管財人は任命されず取締役が従来どおり経営と財産の管理にあたる。しかし裁判所は,必要があるときは監督員を選任して裁判所の指定する一定の行為については監督員の同意を要するものとしたり(監督命令),あるいは管理人を選任して取締役に代わってすべての業務を行わせることもできる(管理命令。397,398条)。…

※「監督命令」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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