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Article 157 › 2

DIRECTIVE (EU) 2017/1132 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 June 2017 relating to certain aspects of company law (codification) (Text with EEA relevance) · European Union

Where the judicial authority establishes that the conditions referred to in points (b) and (d) of paragraph 1 have been fulfilled and that no prejudice would be caused to shareholders or creditors, it may relieve the companies involved in the division from applying: (a) Article 138, on condition that the adequate system of protection of the interest of the creditors referred to in Article 146(1) covers all claims regardless of their date; (b) the conditions referred to in points (a) and (b) of Article 140 where a Member State makes use of the option provided for in Article 140; (c) Article 143, as regards the period and the manner prescribed for the inspection of the documents referred to therein.

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Source: EUR-Lex CELLAR · retrieved 2026-08-27