Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ The rel­ev­ant pro­vi­sions on com­pan­ies lim­ited by shares ap­ply to the duty to no­ti­fy in the event of a loss of cap­it­al or the over­indebted­ness of the com­pany and to the com­mence­ment and stay of bank­ruptcy pro­ceed­ings.

² The court may stay bank­ruptcy pro­ceed­ings at the re­quest of the man­aging dir­ect­ors or of a cred­it­or, in par­tic­u­lar if out­stand­ing ad­di­tion­al cap­it­al con­tri­bu­tions will be paid without delay and there is a pro­spect of re­struc­tur­ing.