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The Supreme Court has once again stressed the liability of a legal entity for incorrect information in the Commercial Register

19.11.2009

The Administrative Panel of the Supreme Court has, in its regulation number 3-3-1-65-09, pointed out once again that a legal entity must ensure the accuracy of the data submitted to the Commercial Register and will itself bear the consequences of the submission of inaccurate data. A legal entity must ensure that mail is regularly received at its registered address. If a legal entity fails to arrange for the receipt of mail, the entity assumes the risk of not receiving important notices, e.g. administrative acts issued by the tax authority. Therefore, if a legal entity fails to make sure that mail is regularly received at its registered address, it is possible that a notice of assessment sent to the registered address cannot be challenged anymore once it has been actually received.

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