The articles of association may provide that the affiliated company whose control has changed shall, as soon this change occurs, notify the company. The latter may decide, under the conditions set forth in the articles of association, to suspend the exercise of non-monetary rights of that shareholder and exclude it.
Provisions of the preceding paragraph may apply, under the same conditions, to a shareholder that has acquired such status further to a merger, demerger or dissolution operation.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 239
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 853-20 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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