A company shall be a common subsidiary of several parent companies where its capital is owned by the said parent companies, which shall:
1) own in the common subsidiary, separately, directly or indirectly through legal entities, a substantial amount of equity in the common subsidiary to warrant that no extraordinary decision be taken without their consent; 2) participate in the management of the subsidiary.
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 180 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