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Commercial Act — Article 328 (Lawsuit for Invalidation of Incorporation)

상법 제328조

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.

(1) Invalidation of the incorporation of a company may be pursued only by its shareholders, directors or auditors and only by means of a lawsuit filed within two years from the date on which the company comes into existence. <Amended by Act No. 3724, Apr. 10, 1984>

(2) The provisions of Articles 186 through 193 shall apply mutatis mutandis to lawsuits under paragraph (1). <Amended by Act No. 3724, Apr. 10, 1984>

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