Notwithstanding the provisions of the preceding paragraph, a bond-issuing company does not have voting rights with respect to its own bonds that it holds.
Holders of bearer bonds who intend to exercise voting rights must present their bond certificates to the convener no later than one week prior to the day of a bondholders meeting.
Read this with the articles around it
bond
「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
class
「種類」
The features that identify a kind of bond, such as its interest rate and how it is repaid, as listed in Article 676, items (iii) to (viii)-2 and by Ministry of Justice Order (法務省令).
Short name set inArticle 681, paragraph (1), item (i)· applies only in this part
bearer bondsmachine translation
「無記名社債」
Bonds for which bond certificates in bearer form, naming no holder, have been issued.
Defined inArticle 681, paragraph (1), item (iv)· applies only in this part
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
convener
「招集者」
The person who calls a creditors meeting in special liquidation, or a bondholders meeting.
Short name set inArticle 719, paragraph (1)· applies only in this chapter