(1) The management board is to file an application for entry in the Commercial Register of the resolution as to the transfer. The minutes of the resolution as to the transfer and its annexes, as execution copies or publicly certified copies, are to be attached to the application for registration.
(2) Section 319 (5) and (6) applies accordingly.
(3) Upon the resolution as to the transfer having been entered in the Commercial Register, all shares of stock owned by the minority stockholders will devolve to the principal stockholder. Where share certificates have been issued regarding these shares of stock, they will securitise, until they are physically handed over to the principal stockholder, solely the claim to a cash settlement.