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Limited-liability company - liability in damages of a member of the management board

Polish Commercial Companies Code in art.

What is a definition of a professional partnership in Poland?

A professional partnership shall be a partnership formed by partners with the purpose of practicing a libera professi

What should specify a deed of registered partnership in Poland?

According to article 25 of the Polish Commercial Companies Code, a deed of registered partnership shall include in pa

What is a definition of a single-shareholder company in Poland?

A single-shareholder company is a capital company in which all the shares belong to one shareholder (article 4 paragraph 1 point 3 of the Polish Commercial Companies Code).

What are the types of companies under Polish law?

According to article 1 paragraph 2 of the Polish Commercial Companies Code commercial companies shall include: a registered partnership, a professional partnership, a limited partnership, a limited joint-stock partnership, a limited liability company and a joint-stock company.

Exclusion of a shareholder in Poland

At the request of all other shareholders the court may, for important reasons concerning a given shareholder, give judgment on the exclusion of that shareholder from the company, provided the shareholders requesting exclusion account for more that half of the initial capital. The company deed may vest the right of bringing the action referred to above also in less that all shareholders, provided they account for more that half of the initial capital. In such a case, all remanding shareholders shall be sued.

In what form a commercial proxy shall be granted in Poland?

In accordance with the article 109(2) paragraph 1 of the Polish Civil Code, a commercial proxy shall be grated in wri

What should be the meaning of the term ‘absolute majority of votes’ under the Polish Commercial Companies Code?

Absolute majority of votes means more than half of the cast votes (article 4 paragraph 1 item 10 of the Polish Code o

What shall be the business name of a company in organization?

In accordance with article 11 paragraph 3 of the Polish Code of Commercial Companies the business name of a company i

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