The withdrawal of funds generated by subscriptions in cash may only take place after the capital increase has been completed.
It is performed/carried out by a company representative upon presentation of the notarial statement of subscription and payment to the depositary.
Capital increase by the issuance of shares to be paid up in cash is deemed effected on the date the notarial statement of subscription and payment was established.
Any subscriber, six (6) months after making his payments, may petition the competent court for the appointment of an agent to withdraw the money to return it to subscribers, subject to deduction of his distribution costs if, on that date, the capital increase has not been realized.
The capital increase must be published under the conditions outlined in article 264 of the OHADA Law of 2014.