Where the merger is realized by creating a new company, the latter may be formed without any other contributions than those of the merging companies.
In all cases, the draft articles of association of the new company shall be approved by the extraordinary general meeting of each of the companies that are disappearing. There is no need of approval of the transaction by the general meeting of the new company. Any decision taken in violation of this paragraph shall be null.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 177
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 677 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