II UK 374/08
AI generated
Cessation of liability for company debts requires timely bankruptcy filing to protect all creditors' interests.
Poland (PL)
Legislator summary
AI generatedThe Supreme Court dismissed the cassation appeal against a social insurance fund's decision to hold a former board member liable for company debts. The court found that the member filed for bankruptcy within two weeks of the bank account seizure, which prevented further financial operations. Consequently, the filing was timely and protected creditors' interests, negating the liability claim.
Legislator headnote
AI generatedArt. 116 § 1 Ordynacji podatkowej; Art. 298 k.h.: The duty to file for bankruptcy arises when a board member determines the company's assets are insufficient to pay debts, requiring immediate action to ensure equal creditor satisfaction.
Keywords
AI generated
bankruptcy filing timing
board member liability
social insurance debts
creditor protection
tax procedure code
cessation of liability
financial insolvency
Cited Legislation
AI generatedart. 116 § 1 Ordynacji podatkowej
art. 298 k.h.
art. 299 k.h.
art. 398 k.p.c.
art. 98 k.p.c.
§ 6 pkt 5 w związku z § 12 ust. 4 pkt 2 rozporządzenia Ministra Sprawiedliwości z dnia 28 września 2002 r.
art. 233 k.s.h
art. 233 § 1 k.p.c
art. 328 § 2 k.p.c
art. 3983 k.p.c