The reduction of capital shall be authorized or decided by the extraordinary general meeting, that may give authority to the board of directors or the general director, as the case may be, to achieve it.
Under no circumstance, shall it undermine the shareholders equality except with the express consent of the disadvantaged shareholders.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 167
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 628 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