PUBLIC LIMITED COMPANY WITH A GENERAL DIRECTOR IN CAMEROON
According to article 494 of the OHADA Law of 2014, Public limited companies with three (3) or fewer shareholders have the option not to have
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.
According to article 494 of the OHADA Law of 2014, Public limited companies with three (3) or fewer shareholders have the option not to have
According to article 415 of the OHADA Law of 2014, the public limited company with a board of directors shall be managed by either a
According to article 573 of the OHADA Law of 2014, Shares carry a pre-emptive subscription right to capital increases. Shareholders have, proportionally to the number
According to article 604 of the OHADA Law of 2014, Shares subscribed for in cash have to be paid up during the subscription of at
According to article 179 of the OHADA Law of 2014, a company is a parent company of another company when it holds more than half
The ordinary general meeting shall take all decisions other than those expressly reserved by article 551 of the OHADA Law of 2014, for extraordinary general
According to article 347 of the OHADA Law of 2014, ordinary collective decisions are the ones whose purpose is to review the summary financial statements
According to article 173 of the OHADA Law of 2014, a group of companies is a group formed by companies bound to one another by
According to article 573 of the OHADA Law of 2014, Shares carry a pre-emptive subscription right to capital increases. Shareholders have, proportionally to the number
According to article 604 of the OHADA Law of 2014, Shares subscribed for in cash have to be paid up during the subscription of at