A bond administrator may not carry out the following acts without a resolution at a bondholders meeting; provided, however, that this does not apply with respect to the act set forth in item (ii) if there are provisions with respect to the matters set forth in Article 676, item (viii):
社債管理者は、社債権者集会の決議によらなければ、次に掲げる行為をしてはならない。ただし、第二号に掲げる行為については、第六百七十六条第八号に掲げる事項についての定めがあるときは、この限りでない。
with respect to all of the bonds, granting extension for the payment of those bonds, or releasing, or settling those obligations or liability arising from the failure to perform the obligations of those bonds (excluding the acts set forth in the following item);
carrying out procedural actions with respect to the all of the bonds, or any action involved in bankruptcy proceedings, rehabilitation proceedings, reorganization proceedings or proceedings for special liquidation (excluding the act under paragraph (1) of the preceding Article).
If a bond administrator carries out the acts set forth in item (ii) of the preceding paragraph without a resolution at a bondholders meeting under the provisions of the proviso to that paragraph, the bond administrator must, without delay, give public notice to that effect and separate notice thereof to each known bondholder.
The public notice under the provisions of the preceding paragraph must be made in accordance with the means of public notice used by the bond-issuing company; provided, however, that, if that method is electronic public notice, relevant public notice must be effected by publication in Official Gazette.
If it is necessary for a bond administrator to carry out the acts set forth in each item of paragraph (1) with respect to bonds that the bond administrator has been entrusted to administer, the bond administrator may, with the permission of the court, investigate the status of the business and assets of the bond-issuing company.
(Determination of Matters on Bonds for Subscription)
if it is to be arranged that bond administrator may perform the act set forth in Article 706, paragraph (1), item (ii) in the absence of the resolution at the bondholders meeting…
社債管理者が社債権者集会の決議によらずに第七百六条第一項第二号に掲げる行為をすることができることとするときは、その旨
Open this provision(Bond Administrator's Power of Representation)
A manager has authority to do all judicial and non-judicial acts on behalf of bondholders that are necessary to receive payment of claims relating to the bonds or to preserve the realization of…
社債管理者は、社債権者のために社債に係る債権の弁済を受け、又は社債に係る債権の実現を保全するために必要な一切の裁判上又は裁判外の行為をする権限を有する。
Open this provisionA bond administrator may not carry out the following acts without a resolution at a bondholders meeting; provided, however, that this does not apply with respect to the act set forth in item (ii) if…
社債管理者は、社債権者集会の決議によらなければ、次に掲げる行為をしてはならない。ただし、第二号に掲げる行為については、第六百七十六条第八号に掲げる事項についての定めがあるときは、この限りでない。
Open this provisioncarrying out procedural actions with respect to the all of the bonds, or any action involved in bankruptcy proceedings, rehabilitation proceedings, reorganization proceedings or proceedings for…
当該社債の全部についてする訴訟行為又は破産手続、再生手続、更生手続若しくは特別清算に関する手続に属する行為（前条第一項の行為を除く。）
Open this provisionIf a bond administrator carries out the acts set forth in item (ii) of the preceding paragraph without a resolution at a bondholders meeting under the provisions of the proviso to that paragraph…
社債管理者は、前項ただし書の規定により社債権者集会の決議によらずに同項第二号に掲げる行為をしたときは、遅滞なく、その旨を公告し、かつ、知れている社債権者には、各別にこれを通知しなければならない。
Open this provisionbond
「社債」
A money claim against a company, arising from an allotment the company makes under this Act, that is to be repaid according to the terms set under Article 676.
Defined inArticle 2, paragraph (1), item (xxiii)· applies throughout the law
electronic public notice
「電子公告」
Giving public notice by making it available online to anyone, in the way set by Ministry of Justice Order (法務省令).
Defined inArticle 2, paragraph (1), item (xxxiv)· applies throughout the law
bond-issuing company
「社債発行会社」
The company that issued the bonds in question.
Short name set inArticle 682, paragraph (1)· applies only in this part