Yesterday, the Czech Government adopted new rules simplifying liquidations of companies and other juridical persons. In the case of businesses, there will be no need to publish double liquidation notice (including a notice for creditors to register their claims) anymore; just a single notice will suffice in the future. For other juridical persons (such as associations), a separate liquidation notice will be entirely abolished and replaced by making the necessary data available in the Public Register (e.g. the Register of Associations). The new regulation should come into force from 1 August 2019.
Copyright ©2012 Bedrna a společníci, advokátní kancelář / All rights reserved.