Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 3 › Title 2 › Chapter 2

SECTION 326

Today
Manager (s), whether appointed in the articles of association or not, may be removed from office by a decision of the members holding more than half of the equity interests. Any decision taken in violation of this paragraph shall be null. If the removal from office is decided without just cause, it may give rise to payment of damages. Furthermore, the manager may be removed from office by the competent court within the jurisdiction of the headquarters, for just cause, at the request of any member. Resignation
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 94

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ARTICLE 326

Contents

Section 326 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
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