Legislation on public companies
Case of Cameroon.
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Since 2017, Cameroonian law on public enterprises has been aligned with OHADA law. This is through the establishment of a law whose purpose is to set the general status of these companies. Article 10 of this law of July 12, 2017 thus established the principle that all Cameroonian public enterprises are not only public limited companies but they are also subject to the provisions of the OHADA Uniform Act on the law of commercial companies and economic interest grouping. The same article also requires these companies to submit to their national legislation through the aforementioned law. Six yea...
Since 2017, Cameroonian law on public enterprises has been aligned with OHADA law. This is through the establishment of a law whose purpose is to set the general status of these companies. Article 10 of this law of July 12, 2017 thus established the principle that all Cameroonian public enterprises are not only public limited companies but they are also subject to the provisions of the OHADA Uniform Act on the law of commercial companies and economic interest grouping. The same article also requires these companies to submit to their national legislation through the aforementioned law. Six years later, despite the efforts made by the Cameroonian legislator to bring public enterprises into line with OHADA law, public enterprises are still under the influence of public law in certain areas. This is justified by the performance and general interest missions imposed by the State. This proves that the submission of public enterprises to OHADA law by Cameroonian law is not absolute.
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