Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 2 › Title 2

SECTION 130

Today
Collective decisions constituting an abuse of majority members power shall be null. There is abuse of majority member power where the majority members passed a decision for their own benefit, contrary to the interests of the minority members, and without this decision being justified by interests of the company. Minority members may sue members that voted for the abusive decision for damages.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 42

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ARTICLE 130

Contents

Section 130 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
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