Lex Cameroon

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

SECTION 168

Today
The articles of association may not subject the filing of a shareholder derivative lawsuit to prior notification or authorization of the general meeting, the management body, officers or the board or waive in advance the right to file such a suit. This provision does not preclude the member or members that sued from reaching a settlement with the individual or individuals against whom the suit was filed for the purpose of ending the dispute.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 53

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ARTICLE 168

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Section 168 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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