Supplementary Provisions, Article 7Transitional Measures Concerning Actions for Rescission of Resolutions of Shareholders Meetings, etc.
第七条（株主総会の決議の取消しの訴え等に関する経過措置）
If a resolution of a shareholders meeting, an organizational meeting, or a general meeting of members was made before this Act comes into effect, the provisions then in force continue to govern actions seeking rescission or modification of that resolution, or a declaration of the non-existence or invalidity of that resolution, even after this Act comes into effect.
この法律の施行前に株主総会若しくは創立総会又は社員総会の決議があつた場合においては、その決議の取消し、変更又は不存在若しくは無効の確認を請求する訴えに関しては、この法律の施行後も、なお従前の例による。
shareholders meeting
株主総会
The meeting of a stock company's shareholders, and the body through which they decide the company's basic matters. It elects the directors and company auditors (Companies Act, Article 329, paragraph (1)) and changes the articles of incorporation (Article 466). In a company without a board of directors it may decide any matter about the company; in one with a board, only what the Act or the articles of incorporation leave to it (Article 295). An annual shareholders meeting must be called after the end of every business year, and another may be called whenever needed (Article 296). A resolution normally passes by a majority of the votes present, with holders of a majority of the votes entitled to vote attending (Article 309, paragraph (1)).
Written by AI using Companies Act, Arts. 295, 296, 309, 329, 466 as a reference.