In the case of companies whose sole proprietorship is not authorized by this uniform Act, the
ownership of all securitiesby a singlemembershall not entail the automatic dissolution of the
company. Any interested party may petition the competent court for such dissolutionifthe
situation is not regularizedwithin a period of one (1) year. The competent court may grant the
company a maximum period of six (6) months to regularize the situation. Itmay notorder the
dissolution where on the day of ruling on the merits of the case, the situation gets regularized.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 23
Section 60 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014