The decision pronouncing the invalidity of a merger or a demerger shall be published within a
period of one (1) month from the day such decision became final.
It shall have no effect on the obligations bornor for the benefit of the companies to which the
assetsareassigned,between the date the merger or demergertakes effect and the date of the
publication of the decision pronouncing the invalidity.
In the event of a merger, companies involved in the transactionshall be jointly liable for the
execution of the obligations referred to in the preceding paragraph on the absorbing company.
The same shall apply in the case of a demerger, of the company being divided, for the
obligations of companies to which the assetisassigned.
Each of the companies to which the asset is being assigned shall be liable for its own obligations
between the date the demergertakes effect and the date of publication of the decision
pronouncing the invalidity.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 74
Section 254 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014