Where the meeting fails to elect a substantive auditor or his alternate any shareholder may bring
action before the president of the competent court sitting in chambers for the designation of an
auditor - substantive or alternate - with the president of the board of directors, the chairman and
managing director or the managing director duly summoned to the proceedings.
The mandate thus conferred on the auditor shall expire when the general meeting appoints an
auditor.
Official translation
Spot-checked
In force from 17 April 1997
Source page 157