Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 3 › Title 2

SECTION 167

One or severalmembersmay filea shareholder derivative lawsuit after a notice to the competent bodies that remains unanswered within a time limit of thirty (30) days. Petitioners shall be entitled to seekredress for damages suffered by the company. In the event of conviction, damages shall be awarded to the company and not to thepetitioner (s). However, under penalty of inadmissibility of the request, the company shall be regularly cited through its legal representatives. The company or any member may also petition the competent court to appoint an ad hoc agenttorepresent it in the lawsuit, where there is a conflict of interest between the company and its legal representatives.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 55

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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 167 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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