Supplementary Provisions, Article 9Transitional Measures Concerning Transactions Belonging to the Class of a Company's Business Made by a Director
第九条（取締役がする会社の営業の部類に属する取引に関する経過措置）
If, before this Act comes into effect, approval of a shareholders meeting was given under Article 264, paragraph (1) of the Commercial Code before amendment, the provisions then in force continue to govern the transaction covered by that approval, even after this Act comes into effect.
この法律の施行前に改正前の商法第二百六十四条第一項の規定による株主総会の認許があつた場合においては、その認許に係る取引に関しては、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.