Nullification of the issuance of new shares can be asserted only by a lawsuit filed by a shareholder, a director, or an auditor within six months from the date of the issuance of such new shares. <Amended by Act No. 3724, Apr. 10, 1984>
Laws › Commercial Act › SECTION 4 Issuance of New Shares
Commercial Act — Article 429 (Lawsuits for Nullification of Issuance of New Shares)
상법 제429조
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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