Actions for invalidity of the company shall be time-barred after three (3) years from the date of the registration of the company or publication of the document amending the articles of association unless the invalidity is based on the unlawfulness of the corporate purpose and is subject to lapse referred to in article 248 above.
The actions for invalidity of the acts, decisions or deliberations of the company shall be time-
barred after three (3) years from the day where the invalidity is incurred unless it is based on the unlawfulness of the company purpose and subject to lapse referred to in article 248 above.
However, the action for invalidity of a merger or a demerger shall be time-barred after six (6) months from the date of the last entry in the registry of commerce and securities required by the merger or demerger transaction.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 70
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 251 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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