If there are provisions of the articles of incorporation under the provisions of the preceding Article, whenever a stock company intends to effect a demand pursuant to the provisions of paragraph (1) of the following Article, it must prescribe the following matters by a resolution at a shareholders meeting:
the number of shares for which the stock company intends to effect the demand pursuant to the provisions of paragraph (1) of the following Article (or, for a company with class shares, the classes of the shares and the number of shares for each class); and
the names of the persons who hold the shares under the preceding item.
前号の株式を有する者の氏名又は名称
The persons under item (ii) of the preceding paragraph may not exercise voting right at the shareholders meeting under that paragraph; provided, however, that this does not apply if all shareholders other than the persons under that paragraph may not exercise the voting right at relevant shareholders meeting.
Read this with the articles around it
(Provisions of Articles of Incorporation Regarding Demand for Sale to Heirs)
A stock company may provide in the articles of incorporation to the effect that it may demand that a person who has acquired shares (limited to shares with restriction on transfer) in relevant stock…
株式会社は、相続その他の一般承継により当該株式会社の株式(譲渡制限株式に限る。)を取得した者に対し、当該株式を当該株式会社に売り渡すことを請求することができる旨を定款で定めることができる。
Open this provision(Determinations Regarding Demand for Sale)
If there are provisions of the articles of incorporation under the provisions of the preceding Article, whenever a stock company intends to effect a demand pursuant to the provisions of paragraph (1)…
株式会社は、前条の規定による定款の定めがある場合において、次条第一項の規定による請求をしようとするときは、その都度、株主総会の決議によって、次に掲げる事項を定めなければならない。
Open this provision(Determinations Regarding Demand for Sale)
the number of shares for which the stock company intends to effect the demand pursuant to the provisions of paragraph (1) of the following Article…
次条第一項の規定による請求をする株式の数(種類株式発行会社にあっては、株式の種類及び種類ごとの数)
Open this provision(Determinations Regarding Demand for Sale)
the names of the persons who hold the shares under the preceding item.
前号の株式を有する者の氏名又は名称
Open this provision(Demand for Sale)
If a stock company determines the matters set forth in each item of paragraph (1) of the preceding Article, it may demand that the persons under item (ii) of that paragraph sell the shares under item…
株式会社は、前条第一項各号に掲げる事項を定めたときは、同項第二号の者に対し、同項第一号の株式を当該株式会社に売り渡すことを請求することができる。ただし、当該株式会社が相続その他の一般承継があったことを知った日から一年を経過したときは、この限りでない。
Open this provisioncompany with class shares
「種類株式発行会社」
A stock company that issues two or more classes of shares with different terms on the matters listed in Article 108, paragraph (1), such as dividends of surplus or voting rights.
Defined inArticle 2, paragraph (1), item (xiii)· applies throughout the law
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.
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.