Liquidation Procedure Shortened From June 1, 2022

Liquiditation procedure shortened

The Law on Amendments to the Law on Companies (“Official Gazette of the RS”, No. 109/2021) stipulates that companies will no longer have 90 days to eliminate deficiencies and avoid forced liquidation but will cease to exist in the relatively short term.

Liquidation Procedure Shortened From June 1, 2022

Liquiditation procedure shortened

The Law on Amendments to the Law on Companies (“Official Gazette of the RS”, No. 109/2021) stipulates that companies will no longer have 90 days to eliminate deficiencies and avoid forced liquidation but will cease to exist in the relatively short term.

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