The invalidity may be covered by a special vote of the ordinary general meeting acting upon presentation of the auditor’s special report stating the circumstances due to which the authorization procedure was not followed.
The director, general manager, deputy general manager or the interested shareholder shall not take part in the vote and its shares shall not be taken into account for the calculation of quorum and majority.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 125
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 447 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