Baumeister In HFP Practice Questions - Baumeisterin Baumeister Mit Eidgenössischem Diplom (HFP) Maître Entrepreneur-constructeur Avec Diplôme Fédéral Exam

Access More Questions

A Swiss construction AG has a fully paid-in share capital (Aktienkapital) of CHF 2,000,000 and statutory legal reserves (gesetzliche Gewinn- und Kapitalreserven) of CHF 600,000. At the financial year-end closing, the audited balance sheet shows accumulated operating losses of CHF 1,400,000, reducing reported net equity (Eigenkapital) to CHF 1,200,000. Under revised Swiss corporate law (Art. 725a OR), what is the legal status and mandatory obligation of the Board of Directors?

The company is immediately overindebted (Überschuldung); the Board must notify the bankruptcy judge (Konkursrichter) within 10 days There is a statutory capital loss (Kapitalverlust); the Board must convene a General Meeting without delay and propose financial restructuring measures The net equity is sufficient because it exceeds CHF 1,000,000; the Board has no statutory disclosure or restructuring obligations The Board must immediately convert the entire share capital into non-voting participation certificates (Partizipationsscheine)

Correct Answer:

There is a statutory capital loss (Kapitalverlust); the Board must convene a General Meeting without delay and propose financial restructuring measures

Access more questions from this quiz

Continue to Baumeister in HFP Practice Questions - Baumeisterin Baumeister mit eidgenössischem Diplom (HFP) Maître entrepreneur-constructeur avec diplôme fédéral Exam for more practice questions and the full quiz experience.

Access More Questions