Kategorie: Corporations
Certainty of the business activity (scope of business) of a business corporation according to the current case law of the Supreme Court
On 12 May 2021, the Supreme Court of the Czech Republic issued a decision under Case No. 27 Cdo 3549/2020 (hereinafter the “decision“), which deals with the necessary certainty of the registration of the business activity (scope of business) in the Commercial Register. The common practice until the issuance of this decision was that business …
Read moreFilling financial statements in the collection of documents – new sanctions and requirements
Together with the amendment of the Act No. 90/2012 Coll., on Business Companies and Cooperatives (the Business Corporations Act), as amended (the “Business Corporations Act”), a relatively significant and fundamental amendment of the Act No. 304/2013 Coll., on public registers of legal and natural persons and the register of trust funds, as amended (the “Register …
Read moreIncreased risk of liability of members of the statutory body in the event of the insolvency of a business corporation after 1 January 2021
With this article, we would like to start a very current topic of the transformation of insolvency, which occurred after 1 January 2021 in connection with the amendment to the Business Corporations Act. The article deals with the topic of direct liability of members of the statutory body of business corporations for the insolvency. The amendment …
Read moreAmendment to the Act on the Registration of Beneficial Owners – summary of the major changes
In our previous articles, we have kept you informed about the development of new legislation in connection with the registration of beneficial owners, which responds to the obligation to transpose Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive 2015/849 on the prevention of the use of the …
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