What is CCJA?
The Common Court of Justice and Arbitration (“CCJA”) is part of the legal system of the Organization for the Harmonisation of Business Law in Africa (“OHADA”). 1. It was created by the Treaty on the Harmonization of Business Law in Africa (“OHADA Treaty”) in 1993. It is based in Abidjan (Ivory Coast).
What is OHADA Treaty?
The Organization for the Harmonization of Business Law in Africa (abbreviated as OHADA) is an intergovernmental organization for legal integration. It was established by the Treaty of 17 October 1993 signed in Port Louis (Mauritius), as revised on 17 October 2008 in Quebec (Canada).
What are OHADA countries?
OHADA member countries At present OHADA has 16 members: Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Congo, Côte d’Ivoire, Equatorial Guinea, Gabon, Guinea, Guinea-Bissau, Mali, Niger, Senegal and Togo.
What are the advantages of OHADA?
OHADA establishes the supremacy and direct effect of OHADA uniform laws, however still provides member states with a flexible and modern approach which can be adapted to each country. Furthermore, the arbitration mechanism provides an established and trustworthy way to settle disputes.
What is Tppcr in law?
Section 46 of the Uniform Act on General Commercial Law states that companies and other corporate bodies referred to in the Uniform Act on Commercial Companies and Ecomomic Interest Groups (UACCEIG) shall apply for registration in the Trade and Personal Property Credit Register (TPPCR), within a month of their creation …
Where was the OHADA treaty signed?
Set up by a treaty signed on October 17, 1993 in Port-Louis (Mauritius), OHADA’s purpose is to promote regional integration and economic growth and to ensure a secure legal environment through the harmonization of business law.
What does OHADA mean?
OHADA is the French acronym for “Organisation pour l’Harmonisation en Afrique du Droit des Affaires”, which translates into English as “Organisation for the Harmonization of Business Law in Africa”. It was created on October 17, 1993 in Port Louis, Mauritius.
What are the reasons for the creation of the OHADA Organisation?
Set up by a treaty signed on October 17, 1993 in Port-Louis (Mauritius), OHADA’s purpose is to promote regional integration and economic growth and to ensure a secure legal environment through the harmonization of business law. specialization. OHADA establishes the supremacy and the direct effect of OHADA uniform laws.
What is commercial act by their form?
ARTICLE 4 – The following constitute commercial acts by their form: bills of exchange, promissory notes and warrants. Spouses of merchants shall be deemed to be merchants only if they carry out commercial acts referred to in Articles 3 and 4 above as a profession and separately from their spouses.
How are companies classified in OHADA?
Three types of business structures are provided for in Ohada revised Commercial Company Law for these categories of projects : the sole holder private limited company (SARLU), the sole holder public limited company (SAU) and the sole holder simplified corporation (SASU).
What is company law and why is it important?
The importance of corporate law is the establishment of laws that govern how corporations are formed and operated. This area is closely related to the practice areas of contract and commercial law.
When was the OHADA treaty signed?
Who are the members of the CCJA in OHADA?
The Common Court of Justice and Arbitration of the Organization for the Harmonization in Africa of Business Law (CCJA) is the key institution of OHADA. It wasinstalledin 1998 and made his first decisionsin 2001. Since April 10, 2015, the CCJA consists of thirteenjudgeselected by the Council of Ministers of OHADA for a term of 7 years non-renewable.
Which is the key institution of the CCJA?
Dans le cadre du renforcement de la capacité opérationnelle de son Greffe, la CCJA-OHADA cherche à pourvoir le poste suivant :… The Common Court of Justice and Arbitration of the Organization for the Harmonization in Africa of Business Law (CCJA) is the key institution of OHADA. It wasinstalledin 1998 and made his first decisionsin 2001.
How many judges are there in the CCJA?
The Court currently has threebedrooms (two of five judges and the third of threejudges). The Treaty of OHADA, supplemented by the Rulesbefore the CCJA, organizes the functioning of the Court and the status of itsjudges.