After commencement of liquidation proceedings and before completion thereof, changes may be made to the composition of liquidators. The shareholders' meeting may remove the previous liquidator and appoint another person to replace him. The liquidator may also resign himself.

We note that under commercial Law, participants/shareholders have the right to participate and vote in the meeting remotely, or to vote before the meeting. Read more in the Explanatory Notes on Remote participation in meetings of Members, shareholders and Members section.

^{* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.}

In the cases specified in the Law, an application for registration of changes may be sent for inspection to the State Revenue Service. Read more about the assessment of applications received in the Enterprise Register at the State Revenue Service.

Documents to be submitted:

• application form KR18;
• minutes of the meeting of stockholders (if changes have been decided at the meeting of stockholders) (signatures must be certified);
• the consent of the new liquidator to fill the post (not to be submitted if the existing Member of the board becomes liquidator) (signatures must be certified);
• notice of dismissal of the liquidator (if the liquidator himself has resigned);
• if the application is submitted via postal services, information regarding payment of the State fee shall be appended (receipt or a copy thereof, or printout of an Internet bank payment or free text information). 

Deadline for submission of documents in the Enterprise Register: 3 days from the decision.

If liquidation proceedings have been commenced on the initiative of the State Revenue Service or the Enterprise Register, the meeting of stockholders shall not have the right to make changes in the composition of liquidators.

View information on how to become an official and administrative Member of the merchant, as well as duties and authorisation thereof.