In cases where a director acts in violation of a statute, or the articles of incorporation and thereby is likely to inflict irreparable damage on a company, an auditor or any member who holds units of investment representing no less than three percent of the total amount of capital may demand on behalf of the company that the director cease to commit such an act. <Amended by Act No. 10600, Apr. 14, 2011>[This Article Newly Inserted by Act No. 6086, Dec. 31, 1999]
Laws › Commercial Act › SECTION 3 Management of Company
Commercial Act — Article 564-2 (Rights to Injunction)
상법 제564조의2
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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