If a meeting of members has decided on the initiation of the liquidation process and the winding-up (phase 1 of the liquidation of the SIA), the meeting of the members has the right to terminate the liquidation process and continue the operation during the period until the liquidation process is completed. The liquidator shall be revoked at the same time in the decision to continue the operation and the Board shall be appointed.

We point out that, according to the Commercial Law, members/shareholders have the right to participate and vote at the meeting remotely or to vote before the meeting. Read more in the Explanatory to Remote Participation in Meetings of Members, Shareholders and Members.

Documents to be submitted:

• Application Form KR18
• Minutes or decision of the meeting of participants (to be certified by signatures - or notarial, or by a secure e-signature to be submitted electronically)
• Approval of a member of the Management Board to take office (not to be submitted if it is included in application form KR18 3.1) (to be certified by signatures - or notarial, or by a secure e-signature to be submitted electronically)
• A receipt or a copy thereof, or a printout of an online bank payment, or information on the payment of the State fee

Deadline for the submission of documents to the Enterprise Register: 14 days from the adoption of the decision