Compiling the division of the shareholder register
4. Arrangements for compiling the division of the shareholder register
If deficiencies have not been determined in the documents submitted by the acquirer of stocks, the State notary of the Enterprise Register shall send a request to the board of directors of the company to provide information, whether the division of the register of stockholders has been drawn up, or whether substantiated objections to the making of the entry have been raised. In the request, the Enterprise Register shall request the Board to draw up and submit the current division of the Register of shareholders of the company to the Enterprise Register. If the board of directors, within the time period indicated in the request of the Enterprise Register, submits the current division of the Register of stockholders in which an entry regarding the change of stockholders has been made, a division drawn up by the board of directors shall be appended to the case of registration of the company.
If the board of directors of a company does not reply to a request for information, replies without adding a drawn up division of the register of current shareholders, or does not indicate motivated objections, the State notary of the register of companies shall make an entry in the register of shareholders of the relevant company by drawing up a new division of the register of shareholders. One copy of the division is attached to the company registration file and the other is sent to the company at its registered office. If the company does not have a board of directors, the Enterprise Register shall not send a request to the company regarding the drawing up of a division or provision of an opinion.