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Article 198Exclusion of Bankruptcy Claims

第百九十八条(破産債権の除斥等)

In order to participate in the procedure for a final distribution with regard to a denied or disputed bankruptcy claim (excluding those prescribed in Article 129, paragraph (1)) within two weeks from the day on which the public notice under the provisions of paragraph (1) of the preceding Article becomes effective or the day on which the notification is made under the provisions of paragraph (3) of that Article, the bankruptcy creditor that holds the denied or disputed bankruptcy claim must prove to a bankruptcy trustee the fact that the proceedings for assessment based on a petition for the finalization of the denied or disputed bankruptcy claim, the court proceedings of an action to oppose bankruptcy claim assessment, or the court proceedings of an action taken over pursuant to the provisions of Article 127, paragraph (1) are pending.

異議等のある破産債権(第百二十九条第一項に規定するものを除く。)について最後配当の手続に参加するには、当該異議等のある破産債権を有する破産債権者が、前条第一項の規定による公告が効力を生じた日又は同条第三項の規定による届出があった日から起算して二週間以内に、破産管財人に対し、当該異議等のある破産債権の確定に関する破産債権査定申立てに係る査定の手続、破産債権査定異議の訴えに係る訴訟手続又は第百二十七条第一項の規定による受継があった訴訟手続が係属していることを証明しなければならない。

In order to participate in the procedure for a final distribution with regard to a bankruptcy claim that is a claim subject to a condition precedent or claim which may arise in the future, the bankruptcy claim is required to become enforceable within the period prescribed in the preceding paragraph (referred to below as the "period of exclusion concerning a final distribution" in this Section and Section 5).

停止条件付債権又は将来の請求権である破産債権について最後配当の手続に参加するには、前項に規定する期間(以下この節及び第五節において「最後配当に関する除斥期間」という。)内にこれを行使することができるに至っていなければならない。

In order to participate in the procedure for a final distribution, within the period of exclusion concerning a final distribution, a holder of a right of separate satisfaction must prove to a bankruptcy trustee the fact that the whole or part of the claim secured by a security interest prescribed in Article 65, paragraph (2) which pertains to the right of separate satisfaction is no longer secured after the commencement of bankruptcy proceedings, or prove the amount of the claim for which payment cannot be received by exercising the security interest, except in the case referred to in the following paragraph.

別除権者は、最後配当の手続に参加するには、次項の場合を除き、最後配当に関する除斥期間内に、破産管財人に対し、当該別除権に係る第六十五条第二項に規定する担保権によって担保される債権の全部若しくは一部が破産手続開始後に担保されないこととなったことを証明し、又は当該担保権の行使によって弁済を受けることができない債権の額を証明しなければならない。

With regard to bankruptcy claims secured by a revolving mortgage that are stated in the distribution list pursuant to the provisions of the first sentence of Article 196, paragraph (3) (including as applied mutatis mutandis pursuant to paragraph (4) of that Article), except when the amount of the claims for which payment cannot be received by exercising the security interest is proven within the period of exclusion concerning a final distribution, the part of the amount of the claims that may enter into the procedure for a final distribution stated in the distribution list under the provisions of the second sentence of paragraph (3) of that Article (including as applied mutatis mutandis pursuant to paragraph (4) of that Article) is deemed to be the amount of claims for which payment cannot be received.

第百九十六条第三項前段(同条第四項において準用する場合を含む。)の規定により配当表に記載された根抵当権によって担保される破産債権については、最後配当に関する除斥期間内に当該担保権の行使によって弁済を受けることができない債権の額の証明がされた場合を除き、同条第三項後段(同条第四項において準用する場合を含む。)の規定により配当表に記載された最後配当の手続に参加することができる債権の額を当該弁済を受けることができない債権の額とみなす。

The provisions of paragraph (3) apply mutatis mutandis to a holder of a quasi-right of separate satisfaction.

第三項の規定は、準別除権者について準用する。

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