Risk of Directors in Polish LLC (restricted responsibility organization)

Being a Director of Polish Company takes on an incredible obligation. Individuals from the Management Board in Poland will be at risk for different commitments, both common and criminal as well as expense commitments, liabilities towards ZUS (for non-installment or installment of government backed retirement, health care coverage and Labor Fund commitments in deficient sums) and specific liabilities alluded to in numerous different guidelines.

It is critical to remember that regardless of whether someone in particular is all the while an investor and the Directors of the Polish organization, the person will not be let out of the obligation borne by the individuals from the Polish Management Board. The situation with an investor will not let out of risk borne for carrying out a role in the Managing Board.

The most critical are the Polish Company Law Act arrangements specifying that assuming authorization against the organization ends up being insufficient, the individuals from the Polish Management Board will be together and severally responsible for its commitments. This arrangement is planned so that the loan boss trying to fulfill his case focusing on private resources of the Management Board individuals from this Polish organization, is simply obliged to show that he has a remarkable case endorsed by writ of execution (last court decision, request to pay, placation court decision, bank requirement title with court authorization condition and so on) and that implementation against the organization ended up being ineffectual.

Discharge from risk of Polish Director

In any case, an individual from the Polish Management Board might set himself free from this obligation on the off chance that he exhibits that:

in proper time, a request for liquidation was documented or that sythesis procedures were started, or that

it isn't because of his issue that the appeal for chapter 11 was not recorded or that sythesis procedures were not started, or that

the leaser supported no harm in spite of the way that the appeal for liquidation was not documented or that structure procedures were not started.

Exhibiting only one of these circumstances delivers an individual from the Management Board from risk