Lex Cameroon

Acte uniforme révisé portant sur le droit commercial général › Title 2 › Chapter 3

SECTION 163

Anycreditor who registered a lien or pledge, or having regularly lodged objections may, within one month of the publication of the sale in a newspaperempoweredtopublishlegal notices,launch a bidequal to 1/6 overthe price of the enterprise set out in the bill of sale. When the enterprisehas been subjected to a forced sale, secured and objecting creditors shall benefitfromthe same bidding rightthatmustbe exercised within the same time limit starting from the award. The bidder shall report the amount of the price increased by 1/6, within the same period, at the clerk of the competent court or the competent body in the State party.
Unofficial translation Spot-checked In force from 15 December 2010 Source page 52

Spot-checked against the official gazette — not yet verified line by line. How Lex Cameroon marks its texts →

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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 163 of the Acte uniforme révisé portant sur le droit commercial général /akn/ohada/act/loi/undated/audcg-2010
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