Notwithstanding the provisions of Article 868, paragraph (1), if a corporation has a majority of the voting rights of all shareholders of a stock company (excluding shareholders who are unable to exercise voting rights on all the matters which may be resolved at the shareholders meeting; the same applies in the following paragraph), if a special liquidation case, a bankruptcy case, a rehabilitation case or a reorganization case (hereinafter referred to as a "special liquidation case, etc." in this Article) is pending with regard to relevant corporation (hereinafter referred to as the "parent corporation" in this Article), a petition for commencement of special liquidation relating to relevant stock company may be filed alternatively with the district court before which the special liquidation case, etc. of the parent corporation is pending.
第八百六十八条第一項の規定にかかわらず、法人が株式会社の総株主（株主総会において決議をすることができる事項の全部につき議決権を行使することができない株主を除く。次項において同じ。）の議決権の過半数を有する場合には、当該法人（以下この条において「親法人」という。）について特別清算事件、破産事件、再生事件又は更生事件（以下この条において「特別清算事件等」という。）が係属しているときにおける当該株式会社についての特別清算開始の申立ては、親法人の特別清算事件等が係属している地方裁判所にもすることができる。
If the stock company prescribed in the preceding paragraph, or the parent corporation and the stock company prescribed in that paragraph have a majority of the voting rights of all shareholders of another stock company, a petition for commencement of special liquidation relating to relevant other stock company may be filed alternatively with the district court before which the special liquidation case, etc. of the parent corporation is pending.
With regard to application of the preceding two paragraphs, the shareholder prescribed by Ministry of Justice Order referred to in Article 308, paragraph (1) is deemed to have voting rights with respect to the shares which the shareholder holds.
Notwithstanding the provisions of Article 868, paragraph (1), if a stock company has, pursuant to the provisions of Article 444, prepared consolidated financial statements of that stock company or another stock company for the most recent business year and the contents thereof have been reported to the annual shareholders meeting of that stock company, if a special liquidation case, etc. is pending with regard to that stock company, a petition for commencement of special liquidation relating to relevant other stock company may be filed alternatively with the district court before which the special liquidation case, etc. of that stock company is pending.
第八百六十八条第一項の規定にかかわらず、株式会社が最終事業年度について第四百四十四条の規定により当該株式会社及び他の株式会社に係る連結計算書類を作成し、かつ、当該株式会社の定時株主総会においてその内容が報告された場合には、当該株式会社について特別清算事件等が係属しているときにおける当該他の株式会社についての特別清算開始の申立ては、当該株式会社の特別清算事件等が係属している地方裁判所にもすることができる。
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most recent business year
「最終事業年度」
The latest business year whose financial statements have been approved, at a shareholders meeting or, where the Act allows it, by the board of directors.
Defined inArticle 2, paragraph (1), item (xxiv)· applies throughout the law
consolidated financial statementsmachine translation
「連結計算書類」
Financial statements, of kinds set by Ministry of Justice Order (法務省令), showing the assets and profit and loss of the group made up of a company with financial auditor and its subsidiaries.
Defined inArticle 444, paragraph (1)
special liquidation case, etc.
「特別清算事件等」
A special liquidation, bankruptcy, civil rehabilitation or corporate reorganization case pending about a corporation that holds a majority of a stock company's votes; the court hearing it may also hear that stock company's special liquidation.
Short name set inArticle 879, paragraph (1)· applies only in this article
parent corporation
「親法人」
A corporation holding a majority of the votes in a stock company, in whose pending special liquidation, bankruptcy, rehabilitation or reorganization court the stock company's own special liquidation may also be filed.
Short name set inArticle 879, paragraph (1)· applies only in this article
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.