(1) In a resolution to reduce capital, methods of making such reduction shall be determined.
(2) The provisions of Article 232 shall apply mutatis mutandis to the reduction of capital: Provided, That this shall not apply where the reduction of capital is made for deficit recovery. <Amended by Act No. 3724, Apr. 10, 1984>
(3) A bondholder may raise an objection subject to a resolution passed by a meeting of bondholders. In such cases, upon request by any interested person, the court may extend in favor of the bondholder the period for raising such objection.[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]