更こう生せい会がい社しゃ

noun

company undergoing rehabilitation; company in reorganization

Legal and business term for a company that has entered court-supervised rehabilitation proceedings under the Corporate Reorganization Law (会社更生法).

• 更こう生せい会社がいしゃの再さい建けん計けい画かくが裁さい判ばん所しょに認みとめられた。

  The rehabilitation plan of the company undergoing reorganization was approved by the court.