A company is a parent company of another company when it holds more than half of the capital of the latter.
The latter shall be the subsidiary of the former.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 55
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 179 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