Post by joita9865 on Oct 26, 2023 2:32:24 GMT -5
Act of February , , Bankruptcy Law. From it you can find out what this procedure is, how it works and what consequences it carries. It is worth starting by indicating who may be the entity to which the provisions of the Act will apply. Pursuant to Art. will be: Entrepreneurs within the meaning of the Civil Code, i.e. according to Art. is a natural person, a legal person or an organizational unit that is not a legal person, which is granted legal capacity by law, conducting business or professional activity on its own behalf; Limited liability companies.
Simple joint-stock companies, joint-stock companies not conducting business activities; Personal partners of commercial philippines photo editor companies who are liable for the company's obligations without limitation with their entire assets; Partners of a partnership. How to declare bankruptcy of a sole proprietorship? First of all, the entrepreneur is obliged to file a bankruptcy petition within days from the date of insolvency . According to art. of the Bankruptcy Law , this is a situation when the entity is unable to fulfill its financial obligations and the arrears in payments exceed a period of months. Therefore, if an entrepreneur does not intend to undertake restructuring proceedings aimed at protecting the company against bankruptcy, he or she should file a bankruptcy petition.
This should be done within days of the occurrence of insolvency. A person running a business must also pay a court fee of PLN , for considering the application. You must also pay an advance payment for the court costs of the bankruptcy proceedings. Without this, the application will not be considered by the judicial authority. However, it is possible to be exempt from these fees - to do this, you must submit an appropriate application and provide accounting evidence, tax returns, balance sheets, etc. for the presented circumstances.
Simple joint-stock companies, joint-stock companies not conducting business activities; Personal partners of commercial philippines photo editor companies who are liable for the company's obligations without limitation with their entire assets; Partners of a partnership. How to declare bankruptcy of a sole proprietorship? First of all, the entrepreneur is obliged to file a bankruptcy petition within days from the date of insolvency . According to art. of the Bankruptcy Law , this is a situation when the entity is unable to fulfill its financial obligations and the arrears in payments exceed a period of months. Therefore, if an entrepreneur does not intend to undertake restructuring proceedings aimed at protecting the company against bankruptcy, he or she should file a bankruptcy petition.
This should be done within days of the occurrence of insolvency. A person running a business must also pay a court fee of PLN , for considering the application. You must also pay an advance payment for the court costs of the bankruptcy proceedings. Without this, the application will not be considered by the judicial authority. However, it is possible to be exempt from these fees - to do this, you must submit an appropriate application and provide accounting evidence, tax returns, balance sheets, etc. for the presented circumstances.