(1) Within two weeks of the adoption of a resolution for approval by a general meeting of shareholders under Article 522, a company shall give its creditors public notice that any objection to the merger should be raised within a period of at least one month and shall give peremptory notice to each creditor known to the company.
(2) For the purpose of paragraph (1), a resolution for approval adopted by the board of directors shall, in cases falling under Articles 527-2 and 527-3, be deemed to be a resolution adopted by a general meeting of shareholders.
(3) The provisions of Article 232 (2) and (3) shall apply mutatis mutandis to cases falling under paragraphs (1) and (2).[This Article Newly Inserted by Act No. 5591, Dec. 28, 1998]