Page:The Civil code of Japan (IA cu31924069576704).pdf/42
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80.
If a creditor presents his claim after the expiration of the period fixed, he can enforce it only after all the obligations of the juridical person have been fully satisfied, and only against such assets as have not yet been handed over to the persons entitled to receive them.
81.
If it appears during the liquidation that the assets of the juridical person are not sufficient to satisfy all its obligations, the liquidators must at once apply for an adjudication of bankruptcy and give public notice thereof.
The duties of the liquidators come to an end as soon as they have transferred the affairs of the juridical person to the administrator in bankruptcy.
If in such case payments have already been made to creditors or assets have been handed over to persons entitled to receive them, the administrator in bankruptcy may reclaim them.
82.
The dissolution and liquidation of a juridical person are under the supervision of the court.
The court may at any time of its own motion make any examination necessary for the above mentioned supervision.
83.
The liquidators must give notice to the competent public authorities as soon as the liquidation is finished.