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Article NO. Content

Title:

Company Act  CH

Amended Date: 2021.12.29 
Article 284     Subject to the dismissal of the application as provided for in the preceding Article, the court shall, when it receives an application for reorganization, forthwith send copies of such application to the competent authority, the central authority in charge of end-enterprise concerned, and the authority in charge of securities affairs, and shall solicit their substantial opinions as to whether the reorganization shall be effected or not.
    The court may also solicit the opinions on the proposed reorganization from the taxation authority and other relevant authorities at the locality of the company.
    The authorities whose opinions are solicited by the court in accordance with the provisions of the preceding two Paragraph shall give their opinions within 30 days.
    In case the applicants are shareholders or creditors of a company, the court shall send a notice with a copy of the application to the company.