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Article NO. Content

Title:

Company Act  CH

Amended Date: 2021.12.29 
Article 54     A shareholder, without the unanimous consent of all other shareholders, shall not be a shareholder of unlimited liability of another company or a partner in a partnership business.
    A shareholder who conducts business of the company, shall not, on his own account or on behalf of another, engage in the same business as that of the company.
    In case a shareholder who conducts business of the company violates the provisions of the preceding paragraph, all other shareholders may, by a majority of vote, consider the earnings in such an act as earnings of the company unless one year has lapsed since the realization of such earnings.