Once the liquidator has carried out all liquidation activities, he must file an application with the court to remove the foundation from the register. Before doing so, however, he should submit his liquidation report, which also includes a liquidation closing balance sheet, to the relevant foundation body for approval. The relevant body adopts an approval..
Month: September 2023
Who bears the court costs in a property division case?
Costs, as a rule, are divided 50/50 between the two parties to the dispute. However, if the participants have different interests in the outcome or their interests conflict, the court may allocate the costs relatively. It should be pointed out, however, that the court fee on the application for the division of joint property should..