Lex Cameroon

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

SECTION 516

Today
The meeting of the shareholders shall be called by the board of directors or the general director, as the case may be. Failing this, it may be called: 1) by the auditor, after he has unsuccessfully requested that the board of directors or the managing director as the case may be, calls the meeting, by hand-delivered letter against a receipt or by registered mail with request for acknowledgement of receipt. Where the auditor calls such meeting, he shall set the agenda and may, for vital reasons, choose a meeting venue other than the one possibly stipulated in the articles of association. He shall state the reasons for the meeting in a report to be read at the meeting; 2) by an agent appointed by the competent court, ruling expeditiously, at the request of any interested party in case of an emergency, or of one or more shareholders representing at least one-tenth of the stated capital if it is a general meeting or a tenth of the shares of the category concerned if it is a special meeting; 3) by the liquidator.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 140

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Official text Unreviewed pair

ARTICLE 516

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Section 516 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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