Lex Cameroon

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

SECTION 738

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The founders of the company to whom the invalidity is attributable and the directors or the general director in office at the time was incurred, may be declared jointly liable for the resulting damage suffered by shareholders or third parties due to the cancellation of the company. Shareholders whose contributions or benefits have not been reviewed and approved may also be declared jointly liable.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 189

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ARTICLE 738

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Section 738 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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