Proxy Voting Article 725 Bondholders may exercise voting rights by proxy. In such cases, such bondholders or proxies must submit to the Convener a document certifying such power of representation.
前項の代理権の授与は、社債権者集会ごとにしなければならない。
The grant of the power of representation under the preceding paragraph must be made for each bondholders meeting.
Bondholders or proxies referred to in paragraph (1) may, in lieu of submitting a document certifying the power of representation, use electronic or magnetic means to provide the information that is required to be detailed in such document, with the approval of the Convener and pursuant to the provisions of Cabinet Order. In such cases, such bondholders or proxies are deemed to have submitted such document.
In cases where the bondholders are persons who gave consent under Article 720, paragraph (2), the Convener may not refuse to grant approval under the preceding paragraph without reasonable grounds.