In addition to the action for the award of personal damages, the shareholders may, either
individually or collectively, institute proceedings in the company’s interest, as the case may be,
against the directors or the managing director.
Shareholders may, where they represent at least 5% of the company’s capital, authorize, in their
common interest and at their expense, one or more shareholders to represent them in prosecuting
or defending an action involving the company.
The withdrawal of one or more of the said shareholders from the action either voluntarily or
because of loss of their status as shareholders shall have no effect on the continuation of the
said action.
The plaintiffs may institute proceedings for the reparation of all the injuries suffered by the
company for which, where necessary, damages may be awarded.
Official translation
Spot-checked
In force from 17 April 1997
Source page 162