Deliberations of the extraordinary general meeting shall be valid only where shareholders present or represented hold at least half of the shares, on the first call, and one quarter of the shares, on the second call.
Where a quorum is not met, the meeting may again be called a third time within a period not exceeding two (2) months from the date fixed by the second notice of meeting. The quorum shall remain fixed at one quarter of the shares.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 149
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 553 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