Order to Commence Special Liquidation Article 514 In cases where a petition for the commencement of special liquidation has been filed, if the court finds that there are grounds that warrant the commencement of special liquidation, the court orders the commencement of special liquidation, except in cases falling under any of the following:一 特別清算の手続の費用の予納がないとき。(i) if no advance has been made for the expense for the special liquidation procedures;二 特別清算によっても清算を結了する見込みがないことが明らかであるとき。(ii) if it is clear that there is no expectation of the completion of the liquidation, even by special liquidation;三 特別清算によることが債権者の一般の利益に反することが明らかであるとき。(iii) if it is clear that invoking the special liquidation is contrary to the general interest of creditors; or四 不当な目的で特別清算開始の申立てがされたとき、その他申立てが誠実にされたものでないとき。(iv) if the petition for the commencement of special liquidation has been filed with improper purpose, or the petition was otherwise not filed in good faith.
