Capital redemption is the operation whereby the company reimburses shareholders all or parts of the nominal value of their shares, as an advance payment on the proceeds of the future liquidation of the company.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 172
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 651 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