Shall face a criminal charge, directors, chief executive officer, general manager, deputy general manager, president of a simplified public limited company, general director or deputy general director who has, knowingly, carried out a capital reduction:
1) without respecting the equality of shareholders; 2) without submitting the capital reduction project to auditors forty-five (45) days before the general meeting was convened to decide thereon.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 250
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 896 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