Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 2

SECTION 178

Where a company other than a public limited companyor a private limited company has, among itsmembers, a public limited company or a private limited company that holdsmore than ten percent (10%) of itscapital, the former may not hold shares or equity interestsof the latter. In the event that the interests of the public limited company or of the private limited company limited in the company are equal or less than ten percent (10%), it shall not hold more than ten percent (10%) of the capital of the public limited company or of the private limited company. In both cases provided under this article, where the company other than the public limited company or the private limited company already owns securities of such public limited company or private limited company, it must transfer them. Until their actual transfer, shares or equity interests to be transferredwill be deprived of voting rights and right to receive dividends.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 57

Machine-parsed — not yet checked against the official gazette. 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 178 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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