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1. Of the shares generated by C Co., Ltd., the Plaintiff registered in the name of the Defendant in the register of shareholders as to 12,500 common shares.
Reasons
1. On January 9, 2002, the Plaintiff indicated the claim under title trust with the Defendant, since the Commercial Act provides that at least four shareholders should be at least four persons at the time of incorporation of the Co., Ltd. as “(State)D”, a common share of 2,500 shares was held by the Plaintiff.
On February 17, 2004, the Plaintiff additionally trusted 10,000 common shares to the Defendant at the time of capital increase offering, and the Defendant was registered as a shareholder of the said company as 12,500 common shares.
Recently, due to the revision of the Commercial Code, title trust is no longer required. On December 29, 2017, the Plaintiff terminated and notified the above title trust to the Defendant.
The defendant is obligated to return the above shares to the plaintiff.
2. Articles 208 (3) 1 and 257 of the Civil Procedure Act (Judgment without holding any pleadings);