Where the company does not approve the proposed transferee, the board of directors or the general director, as the case may be, are required, within a period of three (3) months from the date of notification of refusal, to have one or more shareholder (s), a third party or the company, acquire the shares.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 196
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 769 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