Capital redemption shall be decided by the ordinary general meeting, where it is provided for in the articles of association.
In case the articles of association are silent, it shall be decided by the extraordinary general meeting.
Any resolution taken on the redemption in violation of this article shall be null.
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 652 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