Business Bulletin No. 2/2014

Welcome to the new issue of the Business Bulletin, in which we inform you about a couple of important pieces of news! In the Adopted Acts section we inform you about new EU directives in the area of public procurement, which are likely to result in the adoption of a new Public Procurement Act. In the section Legislation Under Discussion you will learn about the first amendment to the Civil Code, which is being prepared with the aim to remove the most serious problems related to the new code, the debated Act on the Register of Contracts, which should contain publicly available contracts concluded in the area of public procurement, and changes in the field of the execution of property belonging in the community property. In the case-law part you can find out more about the admissibility of a change of articles of association, execution on the basis of a notarial deed containing consent with direct enforcement and the obligation of a Board of Directors to give explanations about proposals on the distribution of a company’s profit. Finally, we advise you about the time-limit for making a decision on the granting of consent with entry into the Cadastral Register. 

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