Companies benefiting from contributions resulting from the demerger shall be joint debtors of bondholders and creditors that are not bondholders of the company being split in lieu of the latter, without such substitution entailing novation on their part.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 180
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 688 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