The exercise of voting rights by electronic or magnetic means is effected by using electronic or magnetic means to provide the convener with the information that is required to be entered in the voting form no later than the time prescribed by Ministry of Justice Order, with the approval of the convener and pursuant to the provisions of Cabinet Order.
If the bondholders are persons who have given consent under Article 720, paragraph (2), the convener may not refuse to grant approval under the preceding paragraph without justifiable grounds.
The amount of the voting rights exercised by electronic or magnetic means under the provisions of paragraph (1) is included in the amount of the voting rights of the bondholders present at the meeting.
Read this with the articles around it
electronic or magnetic means
「電磁的方法」
A method that uses an electronic data processing system or other information and communications technology, of a kind set by Ministry of Justice Order (法務省令).
Defined inArticle 2, paragraph (1), item (xxxiv)
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
voting form
「議決権行使書面」
The form on which a bondholder can cast their vote in writing, which the convener must send to known bondholders with the notice of a bondholders meeting.
Short name set inArticle 721, paragraph (1)· applies only in this chapter
voting rights holdermachine translation
「議決権者」
A bondholder who may vote at a bondholders meeting.
Defined inArticle 724, paragraph (1)· applies only in this chapter