The proceedings of a special meeting shall be valid only where the shareholders present or
represented hold at least half of the company’s shares, on the first invitation, and one quarter of
the shares, on the second invitation.
Where the last quorum is not met, the meeting shall hold within a period of two months from
the date fixed by the second invitation. The quorum shall remain fixed at one quarter of
shareholders present or represented holding at least one quarter of the company’s shares.
Official translation
Spot-checked
In force from 17 April 1997
Source page 131