75 / 391
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and roles of different organs and their scope are clarified. Transparency is
achieved in mergers since audits and reports are required, and declaration,
disclosure, and review of these are possible. In my opinion, “a system
promoting mergers” may be a suitable slogan or headline for the provisions
concerning mergers. The rights of the creditors and shareholders are
protected. However, they will not be allowed to block or prevent the
merger, and a balance is thus achieved.