Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 1 › Chapter 1

SECTION 678

The proposed merger shall be submitted to the meetings of debenture holders, unless the said debenture holders are offered the possibility of reimbursement of their debentures on a mere request by them. Where debentures are reimbursable on a mere request, the acquiring company shall become the debtor of the debenture holders of the acquired company. Offer of reimbursement of debentures on a mere request by debenture holders provided for above shall be published in a newspaper empowered to publish legal notices of the State Party. Any debenture holder who has not applied for reimbursement within the time limit fixed shall retain his status in the acquiring company, under the conditions laid down by the merger contract.
Official translation Spot-checked In force from 17 April 1997 Source page 151

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

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Texte français

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Section 678 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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