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Article NO. Content

Title:

Company Act  CH

Amended Date: 2018.08.01 
Article 354     When it is deemed necessary, the court may, on the basis of the report mentioned in the preceding article, effect any of the following dispositions:
  1. Measures of preservation on the property of the company;
  2. Prohibition against transfer of registered shares;
  3. Prohibition against release of the responsibilities of any of the promoters, directors, supervisors, managerial officers or liquidators;
  4. Annulment of the release of the responsibilities of any of the Promoters, directors, supervisors, managerial officers or liquidators; this, however, shall not apply to any release effected one year prior to the institution of the special liquidation other than for any illegal purpose;
  5. Assessment of any claim for damages arising from the responsibilities of any of the promoters, directors, supervisors, managerial officers or liquidators; and
  6. Measures of preservation on the property of any of the promoters, directors, managerial officers or liquidators on account of any claim for damages mentioned in the preceding item.