The liquidation of the association begins with the decision of the general meeting of association members. To “open” liquidation, a formally convened general meeting of the association’s members must pass a formal resolution to liquidate the association. The resolution should primarily include: the reasons for dissolution of the association, the date of dissolution of the..
Category: Liquidation
Who supervises the foundation?
By law, the foundation is subject to supervision by the state and local governments. The supervisory authority over the foundation on the part of the government administration is the minister in charge of the Ministry of Foreign Affairs. foundations, indicated in view of the purposes for which the foundation was established and the scope of..
Who is the liquidator of the foundation?
Here, too, we must refer to the foundation’s statute to see who can become one. The statute often stipulates that it is the members of the last Board of Directors, the one whose term of office is ongoing at the time of the decision to liquidate, who become the foundation’s liquidators. Of course, other options..
How to suspend the activities of a foundation?
From a formal point of view, the provisions of Polish law do not provide for such a situation as the suspension of an organization’s activities. It is not possible to suspend the legal personality of an organization. Foundations work, even if they don’t carry out activities. Even if the organization internally adopts an appropriate resolution..
How much does it cost to liquidate a foundation?
The fee for deleting an organization from the KRS is PLN 300. If the application is sent by mail, we also attach to the application a receipt for the transfer of payment of the court fee or a request for exemption from the fee.