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Art. 1176

220COFederal ActJan 1, 1912Original source
  1. Resolutions involving an encroachment on creditors’ rights are effective and binding on the bond creditors who did not vote in favour of them only if they have been approved by the higher cantonal composition authority.
  2. The borrower must submit them within one month of their adoption to said authority for approval.
  3. The time and date of the hearing is published together with a notice to the bond creditors informing them that they may raise objections in writing or in person at the hearing.
  4. The costs of the approval procedure are borne by the borrower.

1 commentary

N1.Zuständigkeit der kantonalen Nachlassbehörde

Die Zuständigkeit zur Genehmigung der nach Art. 1176 OR erforderlichen Beschlüsse liegt bei der oberen kantonalen Nachlassbehörde des Sitzkantons; im vorliegenden Fall betrifft dies die Behörde des Kantons Tessin.

“Poiché l’istante ha la sede nel Canton Ticino e si tratta di procedura in materia di volontaria giurisdizione, la competenza per approvare le deliberazioni che limitano i diritti degli obbligazionisti a norma dell’art. 1176 CO spetta a questa Camera nella sua veste di autorità cantonale superiore competente in materia di concordato (art. 19 CPC, 48 lett. e n. 1 LOG; Zufferey, in: Commentaire romand, Code des obligations II, 2a ed. 2017, n. 6 ad art. 1176-1179 CO). La procedura è sommaria (art. 248 lett. e CPC).”

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