Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 2 › Chapter 3

SECTION 371

Should the losses recorded in the summary financial statements cause the shareholders’ equity in the company to fall below half of the registered capital, the manager or the auditor, as the case may be, shall, within a period of four months following the approval of the accounts that revealed the losses, consult the members on the advisability of calling for a premature winding up of the company.
Official translation Spot-checked In force from 17 April 1997 Source page 91

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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.

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Section 371 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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