Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 7 › Title 2 › Chapter 2

SECTION 223

Today
The provisions of this chapter shall exclusively apply: 1) in case of a liquidation organized out of court, absent express provisions of articles of association or contractual provisions between members with the same object or in the presence of an agreement between partners providing for the application of articles 224 to 241 hereinafter; 2) upon a decision of the competent court ruling expeditiously at the request of the following individuals with a legitimate interest: - the majority of partners of a general partnership; - members representing at least one-tenth of the stated capital in the other types of commercial companies; - company creditors; - the representative of the group of bondholders. In the cases referred to in paragraph 2) of this article, the provisions of the articles of association or of an agreement that are contrary to the provisions of this chapter shall be deemed unwritten.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 65

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ARTICLE 223

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Section 223 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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