If a member has incorporated a company with the knowledge that he/she would thereby injure his/her creditors, the creditors may demand the revocation of the incorporation of the company by a lawsuit filed against the member and the company.
Laws › Commercial Act › SECTION 1 Incorporation
Commercial Act — Article 185 (Lawsuits for Revocation of Incorporation by Creditors)
상법 제185조
This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.
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