{"id":2665,"date":"2021-09-30T12:06:07","date_gmt":"2021-09-30T10:06:07","guid":{"rendered":"https:\/\/www.ecovis.com\/poland\/?p=2665"},"modified":"2021-10-04T11:29:48","modified_gmt":"2021-10-04T09:29:48","slug":"newsletter-no-5-2021","status":"publish","type":"post","link":"https:\/\/www.ecovis.com\/poland\/blog\/newsletter-no-5-2021\/","title":{"rendered":"Newsletter No. 5\/2021"},"content":{"rendered":"<h3>1. The scope and application of a commercial representation<\/h3>\n<p>A commercial representation (prokura) is most frequently associated with companies, despite being regulated by the Civil Code, and not the Commercial Companies Code. A commercial representative (prokurent) may be appointed by a company or partnership registered in the National Court Register (KRS), as well as by a sole trader registered in the Central Registration and Information on Economic Activity (the CEIDG).<\/p>\n<h3>2. Restrictions on the management board\u2019s actions<\/h3>\n<p>Not all management board members are aware of the existence of provisions protecting business partners and company property from overextending investments or risky business choices. Management board members must remember that they require relevant resolutions of the shareholders\u2019 meeting before they can perform certain actions. A failure to observe this obligation may have very serious consequences.<\/p>\n<a href=\"https:\/\/www.ecovis.com\/poland\/wp-content\/uploads\/2021\/09\/Newsletter_05_2021_Ecovis-Poland_ENG.pdf\" target=\"blank\"> <div class=\"ecobutton example-class\"> <i class=\"fas fa-file-pdf\"><\/i>Download Newsletter 05 | 2021 as PDF<\/div><\/a>\n","protected":false},"excerpt":{"rendered":"<p>1. The scope and application of a commercial representation A commercial representation (prokura) is most frequently associated with companies, despite being regulated by the Civil Code, and not the Commercial Companies Code. A commercial representative (prokurent) may be appointed by a company or partnership registered in the National Court Register (KRS), as well as by [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":2667,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29,28],"tags":[35],"class_list":["post-2665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-poland-legal-news","tag-newsletter-no-5-2021"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Newsletter No. 5\/2021 - Ecovis in Poland<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecovis.com\/poland\/blog\/newsletter-no-5-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newsletter No. 5\/2021 - Ecovis in Poland\" \/>\n<meta property=\"og:description\" content=\"1. The scope and application of a commercial representation A commercial representation (prokura) is most frequently associated with companies, despite being regulated by the Civil Code, and not the Commercial Companies Code. 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