Where the meetingrules for a capital reduction not motivated by losses, creditors, whose claim
was contracted before the date of the publication of the notice pertaining to the minutes of the
deliberations in a legal newspaper, may object to the capital reduction within thirty (30) days
from the date of publication of such notice.
The objection shall be notified to the company by notice served by a bailiff or by any means that
can establish its actual receipt by the addressee. The court that has been petitioned shall reject the
objection or order either debt repayment or provision of guarantees if the company offers them
and if they are deemed sufficient.
Capital reduction operations may not be initiated during the objection period.
Variation of equity
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 111
Section 370 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014