Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 0

SECTION 810

Absent the approval by the general meeting of bondholders of the proposals ofthe company regarding its merger or demerger, the company may override that and bondholders shall retain their capacity of bondholders in the acquiring company or the new company born from the merger or in the companies arising from the demerger, as the case may be. Where the company decides to override the refusal of approval by the general meeting of bondholders, the chief executive officer, the general manager or the general director, as the case may be, shall inform the representative of thegroup of bondholders of the decisionby hand- delivered letter against a receipt or by registered mail with request for acknowledgement of receipt. The bondholders group may file an objection to the merger or demerger beforethe competent court. The lattermayeither overrule the objection or order either repayment of the bonds, orthe provision of guarantees where the acquiring company or the company being split offers any they are deemed sufficient.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 216

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

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Texte français

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

Contents

Section 810 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique /akn/ohada/act/loi/undated/auscgie-2014
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