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Article NO. Content

Title:

Company Act  CH

Amended Date: 2025.12.26 (Articles 387-1, 449 amended,English version coming soon)
Current English version amended on 2021.12.29 
Article 355     If, in cases where an order for the institution of a process of special liquidation has been made, there is no prospect of reaching an agreement of settlement, the court shall ex officio make an adjudication of bankruptcy in accordance with the Bankruptcy Law. The same shall apply where there is no prospect of an agreement of settlement being duly carried out.