The articles of association may not subject the filing of a shareholder derivative lawsuit to prior notification or authorization of the general meeting, the management body, officers or the board or waive in advance the right to file such a suit. This provision does not preclude the member or members that sued from reaching a settlement with the individual or individuals against whom the suit was filed for the purpose of ending the dispute.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 53
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 168 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014