(1) If a new company is to be incorporated by a merger, the incorporators shall without delay convene an inaugural general meeting after the procedures referred to in Article 527-5 have been completed, or after the consolidation of shares has taken effect if shares have been consolidated as a result of the merger, or after the disposal mentioned in Article 443 has been effected if shares are not fit for consolidation. <Amended by Act No. 5591, Dec. 28, 1998>
(2) At an inaugural general meeting, a resolution for amendments to the articles of incorporation may be adopted: Provided, That the resolution may not contradict the tenor of the agreement for such merger.
(3) The provisions of Articles 308 (2), 309, 311, 312 and 316 (2) shall apply mutatis mutandis to an inaugural general meeting under paragraph (1).
(4) In cases falling under paragraph (1), the board of directors may give a public notice in lieu of a report to the general meeting of shareholders. <Newly Inserted by Act No. 5591, Dec. 28, 1998>