Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 4

SECTION 306

Each year, within six months following the close of the fiscal year, an annual general meeting shall be held during which the management report, the inventory and the summary financial statements drawn up by the managers shall be submitted to the meeting of partners for approval. To this end, the documents referred to above, the proposed draft resolutions and, where need be, the auditor’s report, shall be forwarded to the partners at least fifteen days before the meeting. Any meeting which holds in violation of the provisions of this article may be annulled. The annual general meeting shall validly hold only where it is attended by a majority of the partners representing half of the registered capital. It shall be presided over by the member who himself has or as a representative holds the greatest number of partnership shares. Any provision contrary to the provisions of this article shall be disregarded.
Official translation Spot-checked In force from 17 April 1997 Source page 74

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Texte français

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Contents

Section 306 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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