SPECIAL PROVISIONS TO LIQUIDATE A COMPANY IN CAMEROON
The provisions of this chapter shall exclusively apply: 1) In case of a liquidation organized out of court, absent express provisions of articles of association
INTRODUCTION
The corporate practice blog is a compendium of all aspects of legal and corporate practice provisions touching on the existence and operations of partnership business, private company business and public company business.
This blog is aimed at providing answers to legal and corporate practice oriented inquiries as will be required by clients, investors, students, corporate experts, notaries and advocates in Cameroon.
The registration and operation of different categories of business and corporate entities in Cameroon as captioned by the revised OHADA Law of 2014 are quite complex and mistakes are usually made by investors and practitioners due to lack complete knowledge in the particular subject matter.
In this blog, you will find provisions touching on registration of corporate entities, responsibilities of auditors, management and members, aspects of voting rights of members of registered companies and their proxy, liquidation and dissolution of corporate entities, conditions for engaging in public offering for shares, categories and combination of securities etc.
Worthy of note to clients who peruse this blog is the fact that the need for the services of professionals such as Notaries, Advocates, audit firms and corporate law firms is key to successful company registration and operations in the Cameroon business environment as they are up to date with changes taking place in the legal sphere of corporate matters in Cameroon.
The provisions of this chapter shall exclusively apply: 1) In case of a liquidation organized out of court, absent express provisions of articles of association
According to article 823 of the OHADA Law of 2014, without prejudice to the provisions governing the stock exchange and the admission of securities to
According to article 558 of the OHADA Law of 2014, if the public limited company has only one shareholder, decisions, which to be taken in
According to article 555 of the OHADA Law of 2014, the special meeting brings together holders of shares of a given category. The special meeting
According to article 853-1 of the OHADA Law of 2014, the simplified public limited company is formed by one or more shareholders whose articles of
According to article 772 of the OHADA Law of 2014, where the company has given its consent to a proposed pledge of shares, such consent
Shares negotiabilityAccording to article 759 of the OHADA Law of 2014, shares shall be negotiable only after the registration of the company with the registry
Calling a meetingAccording to article 516 of the OHADA Law of 2014, the meeting of the shareholders shall be called by the board of directors
According to article 165 of the OHADA Law of 2014, every company manager shall be individually liable to the company for torts committed in the
According to article 744 of the OHADA Law of 2014, Public limited companies issue securities as well as other financial instruments. Within the meaning of