Preparation of Inventory of Property Article 492 Liquidators (or, for Companies with Board of Liquidators, liquidators listed in each item of Article 489, paragraph (7)) must investigate the current status of the assets of the Liquidating Stock Companies and prepare, pursuant to the provisions of Ministry of Justice Order, the inventory of property and the balance sheet as of the day when the Liquidating Stock Companies has fallen under any of the cases listed in each item of Article 475 (hereinafter in this Article and following Article referred to as "Inventory of Property"), without delay after assuming the office.
清算人会設置会社においては、財産目録等は、清算人会の承認を受けなければならない。
At a Company with Board of Liquidators, the Inventory of Property must be approved by the board of liquidators.
Liquidators must submit or provide the Inventory of Property (or, in cases where the provisions of the preceding paragraph apply, the Inventory of Property approved under that paragraph) to the shareholders meeting and obtain the approval of the same.
A Liquidating Stock Company must retain its Inventory of Property from the time of the preparation of such Inventory of Property until the registration completion of the liquidation at the location of its head office.
