①If an order commencing bankruptcy proceedings is issued against a person that has limited liability for a corporation's debts, a creditor of the corporation may not participate in the bankruptcy proceedings. In this case, the corporation is not precluded from participating in the bankruptcy proceedings to demand contributions.

②When there is a person that has limited liability for a corporation's debts, if an order commencing bankruptcy proceedings is issued against the corporation, a creditor of the corporation may not exercise their right against the person that has limited liability for the corporation's debts.

①With regard to a claim secured by a security interest prescribed in Article 65, paragraph (2) which pertains to the right of separate satisfaction, a holder of a right of separate satisfaction may exercise their right as a bankruptcy creditor only for the amount of the claim for which payment cannot be received by exercising the right of separate satisfaction; provided, however, that if the amount of the claim secured by the security interest is no longer secured in whole or in part after the commencement of bankruptcy proceedings, the holder of the right of separate satisfaction is not precluded from exercising their right as a bankruptcy creditor for the whole or part of the amount of the claim.

②The preceding paragraph also applies to a person that holds a special statutory lien, pledge, or mortgage on the bankrupt's property that does not belong to the bankruptcy estate or a person that holds a bankruptcy claim in the previous bankruptcy proceedings when an additional order commencing bankruptcy proceedings is issued against the bankrupt.

A bankruptcy creditor may participate in the bankruptcy proceedings with regard to the amount of the claim before receiving the payment even if the bankruptcy creditor has received payment of their bankruptcy claim after an order commencing bankruptcy proceedings is issued by exercising their right against property that belongs to the bankruptcy estate and exists in a foreign state.

①With permission of the court, a bankruptcy creditor may jointly or severally appoint one or more bankruptcy creditor representatives.

②A bankruptcy creditor representative may perform any and all acts involved in bankruptcy proceedings in the interest of the bankruptcy creditors that appoint the representative.

③If there are two or more bankruptcy creditor representatives, they exercise their authority jointly; provided, however, that it is sufficient for a manifestation of intention by a third party to be made to one of them.

④The court may rescind the permission stated in paragraph (1) when it finds the exercise of authority by the bankruptcy creditor representative to be grossly unfair.

①A bankruptcy creditor that seeks to participate in bankruptcy proceedings must file notification of the following particulars to the court within a period during which proofs of bankruptcy claims should be filed as specified pursuant to the provisions of Article 31, paragraph (1), item (i) or paragraph (3) (referred to below as a "period for filing proofs of claims"):

②A holder of a right of separate satisfaction must file a notification of the following particulars, in addition to those stated in the items of the preceding paragraph:

③The provisions of the preceding paragraph apply mutatis mutandis to a holder of a special statutory lien, pledge or mortgage or a holder of a bankruptcy claim prescribed in Article 108, paragraph (2) (hereinafter referred to as a "holder of a quasi-right of separate satisfaction").

①When a bankruptcy creditor is unable to file proofs of bankruptcy claims by the expiration of the period stated in Article 31, paragraph (1), item (iii) (referred to below as the "ordinary period for investigation") or the end of the date stated in Article 31, paragraph (1), item (iii) (referred to below as the "ordinary date of investigation") due to grounds not attributable to them, they may file a notification only within one month after the grounds cease to exist.

②The one-month period prescribed in the preceding paragraph may not be extended or shortened.

③With regard to a bankruptcy claim arising after the expiration of an ordinary period for investigation or the end of an ordinary date of investigation, a notification must be filed within the inalterable period of one month after the claim arose.

④The provisions of paragraphs (1) and (2) apply mutatis mutandis when a bankruptcy creditor makes a change to any filed particular, which is likely to be prejudicial to interests of other bankruptcy creditors, after the expiration of an ordinary period for investigation or the end of an ordinary date of investigation due to grounds not attributable to them.

①A person that has acquired a filed bankruptcy claim may have the title of the holder of the filed claim changed even after the expiration of an ordinary period for investigation or the end of an ordinary date of investigation.

②If a person whose title of the holder of a filed claim is to be changed pursuant to the provisions of the preceding paragraph, when the person has the intention of receiving the distribution money even if the total amount of the distribution to be given to them is less than the amount specified by the Rules of the Supreme Court prescribed in Article 111, paragraph (1), item (iv), the person must file a notification with the court to that effect.

A person that holds any of the following claims must file without delay with the court a notification of the amount and cause of the claim, and a statement to that effect, and any other particulars specified by the Rules of the Supreme Court if the claim in question is a claim for a foreign tax subject to mutual assistance. In this case, if the person that holds the claim is a holder of a right of separate satisfaction or holder of a quasi-right of separate satisfaction, the provisions of Article 111, paragraph (2) apply mutatis mutandis:

①The court clerk must create a schedule of bankruptcy creditors for the bankruptcy claims for which a filing has been made.

②In the schedule of bankruptcy creditors referred to in the preceding paragraph, the particulars stated in Article 111, paragraph (1), items (i) through (iv) and paragraph (2), item (ii) of that Article (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) and any other particulars specified by the Rules of the Supreme Court must be entered for each bankruptcy claim.

③If there is an error in an entry in the schedule of bankruptcy creditors, the court clerk may make a disposition to correct the entry at any time upon petition or by their own authority.

①An investigation of bankruptcy claims by the court is conducted pursuant to the provisions of the following Subsection based on a statement of approval or disapproval prepared by a bankruptcy trustee as well as written objections made by bankruptcy creditors and by the bankrupt.

②Notwithstanding the provisions of the preceding paragraph, the court may conduct an investigation of bankruptcy claims pursuant to the provisions of Subsection 3 based on approval or disapproval given by a bankruptcy trustee as well as objections made by bankruptcy creditors and by the bankrupt on the date of the investigation when the court finds it necessary to do so.

③The court may conduct an investigation of bankruptcy claims in writing during the special period for investigation under the provisions of Article 119 even after conducting the investigation of bankruptcy claims on the ordinary date of investigation under the provisions of Article 121, and may conduct an investigation of bankruptcy claims on the special date of investigation under the provisions of Article 122 when the court finds it necessary to do so even after conducting the investigation of bankruptcy claims in writing during the ordinary period for investigation under the provisions of Article 118.

①When an ordinary period for investigation is specified, a bankruptcy trustee must prepare a statement of approval or disapproval of the following particulars with regard to each bankruptcy claim filed during the period for filing notifications of claims:

②A bankruptcy trustee may state their approval or disapproval of the particulars listed in the items of the preceding paragraph (if there is a change to any filed particular, the particular stated in each item of that paragraph after the change; the same applies in this Section) in the statement of approval or disapproval stated in that paragraph also with regard to a bankruptcy claim which is filed or for which a change is made to any filed particular (limited to a change which is prejudicial to the interests of other bankruptcy creditors; the same applies in this Section) after the expiration of the period for filing notifications of claims.

③A bankruptcy trustee must submit a statement of approval or disapproval prepared pursuant to the provisions of the preceding two paragraphs by the time limit set by the court prior to an ordinary period for investigation.

④With regard to any particular of which approval or disapproval should be stated in a statement of approval or disapproval stated in paragraph (1) pursuant to the provisions of that paragraph, if neither approval nor disapproval is stated in the statement of approval or disapproval submitted pursuant to the provisions of the preceding paragraph, it is deemed that a bankruptcy trustee has approved the particular.

⑤With regard to a bankruptcy claim for which approval or disapproval of the particulars stated in the items of paragraph (1) may be stated in a statement of approval or disapproval pursuant to the provisions of paragraph (2), if the statement of approval or disapproval submitted pursuant to the provisions of paragraph (3) states approval or disapproval of a part of the particulars, it is deemed that a bankruptcy trustee has approved the particulars of which neither approval nor disapproval is stated in the statement of approval or disapproval.