The relocation of the headquarters within the territory of the same State party may be decided by the board of directors, that shall amend the articles of association accordingly, subject to the ratification of this decision by the very next ordinary general meeting. Such decision grants the power to amend the articles of association. Related publicity formalities referred to in articles 263 and 264 above are applicable.
Where the general meeting does not ratify the relocation of the headquarters, the decision of the board of directors becomes void. New publicity formalities shall therefore be accomplished in order to inform third parties of the move to the old headquarters.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 126
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 451 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