Where the articles of association do not set the terms for sale prices of shares when the company is implementing a provision introduced in application of articles 853-18, 853-19 and 853-20 above, such price shall be fixed by an agreement between the parties or, failing this, by a designated expert, either according to the provisions of the company articles of association, or by the parties, or failing agreement between them, by a decision of the competent court ruling expeditiously within the jurisdiction where the headquarters is located.
Where shares are repurchased by the company, the latter shall transfer them within a period of six (6) months or cancel them.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 239
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 853-21 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