Federal Act on the Amendment of the Swiss Civil Code (OR)
Zusammenfassung der Rechtsnorm OR:
The Swiss Code of Obligations is a central code of Swiss civil law that regulates the legal relationships between private individuals. It includes five books that cover various aspects of contract law, law of obligations and property law, including the formation, content and termination of contracts, as well as liability for breach of contract and tort. The Code of Obligations is an important code of law for business and everyday life in Switzerland, as it forms the basis for many legal relationships and contracts and has been in force since 1912, whereby it is regularly adapted to social and economic developments.
Art. 699bOR from 2024
Art. 699b Right to table agenda lis and motions (1)
1 Shareholders may request that lis be placed on the agenda, provided they together hold at least one of the following participations:
1. in companies whose shares are listed on a stock exchange: 0.5 per cent of the share capital or of the votes;2. in other companies: 5 per cent of the share capital or of the votes. 2 Subject to the same requirements, the shareholders may request that motions relating to lis on the agenda be included in the notice convening the general meeting.
3 Shareholders may submit a brief explanation when placing an li on the agenda or tabling a motion. This must be included in the notice convening the general meeting.
4 If the board of directors refuses to accept a request, the requesting parties may request the court to order that lis be placed on the agenda or that motions and related explanations be included in the notice convening the general meeting.
5 At the general meeting, any shareholder may table motions in relation to the lis on the agenda.
(1) Inserted by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS 2020 4005]; [2022 109]; [BBl 2017 399]).
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