Kategorie: Business Law
New rules for the distribution and payment of share of profit of business corporations
One of the fundamental rights of a shareholder in a capital company is the right to participate in its profits. For this right to be exercised, several necessary conditions must be met, i.e., in particular the decision of the general meeting of the company on the distribution of profits and the adoption of the decision …
Read moreConditional effectiveness of the executive service agreement and other changes after the amendment to the Business Corporations Act
This article is a continuation of series of contributions from our law firm dealing with the first amendment to the Act No. 90/2012 Coll., on Business Companies and Cooperatives (the Business Corporations Act), as amended (hereinafter the “Business Corporations Act”), most of which shall take effect as of 1 January 2021. In the following article, …
Read moreIncrease of registered capital in joint-stock companies in light of the amendment to the Business Corporations Act
This article is a continuation of a series of contributions from our law firm dealing with the first extensive amendment to Act No. 90/2012 Coll., On Business Companies and Cooperatives (the Business Corporations Act), as amended (hereinafter the “Business Corporations Act”), most of which shall take effect as of 1 January 2021. The current legal …
Read moreBodies of capital companies – legal entities in the role of members and posting right
We hereby bring you another article within our series, in which we gradually focus on the changes brought by the extensive amendment to the Act No. 90/2012 Coll., on Commercial Companies and Cooperatives, as amended (hereinafter the “Business Corporations Act”) , which takes effect on 1 January 2021. The aim of this article is to present …
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