13/3/2019
A practice by the registration courts has been reported recently, whereby these courts request joint-stock companies to demonstrate that they do not employ over 500 employees or that their employees have elected the relevant part of the members of the supervisory board. The Business Corporations Act generally requires that the supervisory board of a joint-stock company employing more than 500 employees have a number of members divisible by three, with employees electing one third of those members. Failing that, the companies facing such a request risk to be dissolved by the registration court unless remedy is ensured within a relatively short deadline. If you have already received a similar call, our firm will be happy to assist in preparing your affidavits or, if necessary, arranging a rectification.
Legal services in CZ, SK and abroad
info@forlex.cz
+420 596 110 300
Ostrava
FORLEX s.r.o., attorneys-at-law
28. října 3159/29, 702 00 Ostrava
Brno
FORLEX s.r.o., attorneys-at-law
Jana Babáka 2733/11, Královo Pole, 612 00 Brno
Billing information
IČO: 04275705, DIČ: CZ 04275705
ČSOB
Account No. CZK – 321695472/0300
Account No. EUR – 333568649/0300
Registred in the Commercial Register maintained by the Regional Court in Ostrava, Section C, File 63028.
Consumer protection information
On 5 February 2016, the Czech Bar Association was authorized by the Ministry of Industry and Trade of the Czech Republic to deal with alternative consumer dispute resolutions in the field of disputes between a lawyer and a consumer arising from legal service agreements (under Act no. 634/1992 Sb., on consumer protection, as amended). The website of the designated body is www.cak.cz.