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Commercial Act — Article 595 (Lawsuits to Nullify Capital Increase)

상법 제595조

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) Nullification of a capital increase can be asserted only in a lawsuit filed only by members, directors or auditors within six months from the date the registration described in Article 591 has been made at the place of the principal office. <Amended by Act No. 1212, Dec. 12, 1962; Act No. 10600, Apr. 14, 2011>

(2) The provisions of Articles 430 through 432 shall apply mutatis mutandis in cases falling under the preceding paragraph.

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