Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 1 › Chapter 2

SECTION 398

The withdrawal of funds from subscription in cash can take place only after the registrationof the companywith the registry of commerce and securities. It is done, as the case may be/as appropriate, by the chief executive officer, the generalmanager or the generaldirector upon presentation to the depositary of the certificate of the clerk or of the competent authority of the State party confirming the registrationof the company with the registry of commerce and securities. Any subscriber may, six (6) months after paying for the subscription, petition the competent court to rule expeditiously for the appointmentof adirector in charge of withdrawing the funds to P. 119 of 267 pay back subscribers, after deduction of his costs for their distribution if, on that date, the company is not registered.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 118

Machine-parsed — not yet checked against the official gazette. How Lex Cameroon marks its texts →

A question about this section?

Enter to send · Shift+Enter for a new line

Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 398 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique /akn/ohada/act/loi/undated/auscgie-2014
Report an error in this text