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Obligations and penalties applied to the liquidators appointed in compliance with the provisions of Law on companies no. 31/1990, as republished and subsequently amended and supplemented
In no more than one year from the registration date in the trade register of the amendment regarding the dissolution of a company, its liquidation should also be finalized; the deadline can be extended with one more year, upon the liquidator’s request, but no more than twice, pursuant to article 260 of Law no. 31/1990 on companies, as republished and subsequently amended and supplemented. The liquidators shall be appointed in no more than 60 days from the registration date in the trade register of the amendment of dissolution, under the conditions provided by the law for each legal form. Mandatory deadlines for liquidators
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If you decide to open a business, it is important to note that all the data filled in applications submitted to the trade register offices attached to the law courts becomes public information together with their registration in the trade register and publication in the Official Gazette of Romania, Part IV or Part VII. Which are the legal provisions regulating this? Firstly, according to art. 4 paragraph 1 of Law no. 26/1990 regarding the Trade Register, as republished, and subsequently amended and supplemented, the trade register is public
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