The liquidator represents the company which is bound for all the liquidation actions.
He is vested with the broadest authority to execute assets even in amicable arrangements.
Any restrictions to such powers in the articles of association or in the appointment instrument shall not be binding on third parties.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 66
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 230 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