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

¹ The cred­it­ors’ meet­ing is con­vened by the bor­row­er.

² The bor­row­er is ob­liged to con­vene it with­in 20 days if so re­ques­ted by bond cred­it­ors to­geth­er hold­ing at least one-twen­ti­eth of the bond cap­it­al in cir­cu­la­tion or by the bond rep­res­ent­at­ive in writ­ing with an in­dic­a­tion of the pur­pose of and reas­ons for the meet­ing.

³ In the event that the bor­row­er fails to com­ply with such re­quest, the court may au­thor­ise the ap­plic­ant to con­vene a cred­it­ors’ meet­ing of his own ac­cord. The court at the cur­rent or last seat of the debt­or in Switzer­land has man­dat­ory jur­is­dic­tion.⁸⁵⁵

⁴ If the debt­or has or had only a branch of­fice in Switzer­land, the court at the loc­a­tion of this branch of­fice has man­dat­ory jur­is­dic­tion.⁸⁵⁶