Lex Cameroon

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

SECTION 131

Today
Minority or equal members may be liable for undue use of minority or equal member powers. There is abuse of minority or equal member powers where minority or equal members, in voting, prevent decisions to be taken though they are required for the interest of the company, and are unable to demonstrate any legitimate ground. The competent court may appoint an ad hoc agent who shall, at a next meeting, represent the minority or equal members whose behavior is deemed abusive and shall vote, on their behalf, in favor of decisions that represent the company interest including the interest of various members.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 42

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ARTICLE 131

Contents

Section 131 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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