The auditor shall give his opinion on the proposal to remove the pre-emptive subscription right, the choice of items for calculating the issue price and its amount, as well as the impact of the issuance on the financial situation of shareholders assessed in relation to the company equity.
He shall verify and certify the fairness of information derived from the company accounts on which his opinion is based.
Resolutions passed without the auditor’s report as provided for in article 588 above, and in the present article, shall be null. The resolutions may be cancelled in case these reports do not contain all particulars provided for in this article.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 156
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 591 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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