Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 1 › Chapter 4

SECTION 646

Where shares offered for purchase do not reach the number of shares to be purchased, the statedcapital shall be reduced to the amount of shares purchased. However, the board of directors or the general director, as the case may be, may decide to repeat the transaction under the conditions set forth in articles643and644 above, until the full purchase of the number of shares initially set,provided that the transaction is repeated within the time specified by the decision of the general meeting that authorized the reduction of capital.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 178

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 646 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique /akn/ohada/act/loi/undated/auscgie-2014
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