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AMENDMENT OF ARTICLES OF ASSOCIATION IN CAMEROON: REQUIREMENTS AND FORMALITIES

AMENDMENT OF ARTICLES OF ASSOCIATION IN CAMEROON: REQUIREMENTS AND FORMALITIES

Publishing Amendments: Legal Requirements

AMENDMENT OF ARTICLES OF ASSOCIATION IN CAMEROON: REQUIREMENTS AND FORMALITIES

Where one of the details of the notice provided for in Article 262 of the OHADA Uniform Act in Cameroon is rendered null and void following an amendment of the Articles of Association or of all the acts, deliberations or decisions of the meetings of the company or of its organs, the amendment shall be published in the form of a notice in a newspaper empowered to publish legal notices in the State Party of the registered office of the company. the said notice, signed by the notary who received or drafted the instrument amending the Articles of Association or by the sole proprietor or the members, shall include the following:

     

      • the name of the company, followed, where necessary, by its acronym, 2° the form of the company;

      • the amount of registered capital;

      • the address of its registered office;

      • the registration number in the Trade and Personal Property Rights Register;

      • the title, date, number of issues and place of publication of the newspaper in which the notices provided for in the two preceding articles were published;

      • an indication of the amendments made.

    In case of an increase or reduction of capital, apart from the publication referred to in Article 263 of this Uniform Act, the following formalities shall be complied with:

      Amendment of Articles

        • depositing at the registry of the court having jurisdiction in commercial matters situated where the registered office is located, a certified true copy of the proceedings of the meeting which decided on or authorized the increase or reduction of capital, within one month of the holding of the said meeting;

        • depositing, as the case may be of the decision of the board of directors, the managing director or the manager who effected the increase of capital;
        • depositing at the court registry of a certified true copy of the notarial statement of subscription and payment appended to the Trade and Personal Property Credit Registry.

       

       

      Article by CHUO ANGABUA JUNIOR

       PRIME-TIME LAW OFFICES

      ‘’The content of this article is intended to provide a general guide to the subject matter. We insist specialist advice be sought depending on your specific circumstance’’

       

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