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Article NO. Content

Title:

Company Act  CH

Amended Date: 2021.12.29 
Article 125     A shareholder of limited liability may, with the unanimous agreement of all shareholders of unlimited liability, be expelled under any of the following circumstances:
  1. Non-performance of his obligation to contribute his capital share; or
  2. Improper conduct detrimental to the interest of the company.
    The aforesaid expulsion shall not be valid in respect to such shareholder until after due notice shall have been given to him.