Bondholders who hold not less than one tenth of the total amount of bonds of a certain Class (excluding bonds that have been redeemed) may demand that the bond-issuing company, bond administrator, or assistant bond administrator convene a bondholders meeting, by disclosing the matters that form the purpose of the bondholders meeting and the reasons for the convocation.
The sum of the amount of bonds in the class in question which are held by the bond-issuing company itself is not included in the calculation of the total amount of the bonds prescribed in the preceding paragraph.
In the following cases, the bondholders who made the demand under the provisions of paragraph (1) may convene a bondholders meeting with the permission of the court:
次に掲げる場合には、第一項の規定による請求をした社債権者は、裁判所の許可を得て、社債権者集会を招集することができる。
if the convocation procedure is not effected without delay after the demand pursuant to the provisions of paragraph (1); or
第一項の規定による請求の後遅滞なく招集の手続が行われない場合
if notice of the convocation of a bondholders meeting stating a day falling within an eight-week period after the day of the demand under the provisions of paragraph (1) as the day of the bondholders meeting, is not sent.
第一項の規定による請求があった日から八週間以内の日を社債権者集会の日とする社債権者集会の招集の通知が発せられない場合
Bondholders of bearer bonds who intend to make a demand pursuant to the provisions of paragraph (1) or to effect the convocation pursuant to the provisions of the preceding paragraph must present their bond certificates to the bond-issuing company, bond administrator or assistant bond administrator.