The extraordinary general meeting shall be empowered to amend all the provisions of the articles of association.
The extraordinary general meeting is also competent for:
1) authorize mergers, demergers, transformations and partial contributions of assets; 2) relocation of the headquarters to any city of the State party where it is located, or in the territory of another State party; 3) winding up the company prematurely or extend its life.
However, the extraordinary general meeting may increase the commitments of shareholders beyond their contributions only with the consent of each shareholder.
Meeting, Quorum and Majority
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 149
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 551 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
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.