lawyer Archives - Pavel, Margarit and Associates

What is the required documentation for the opening of insolvency proceedings at debtors initiative

A company is insolvent if it fails to pay the debt to a creditor within 60 days of maturity. Law no. 85/2014, also called the insolvency law, imposes a value of the debt threshold for which insolvency can be claimed, namely 40,000 lei. The insolvency procedure is based on an application submitted by the […]

By : Nov 27, 2018 No Comment

How to modify the main object of activity of the Romanian company

The main object of activity is the basic activity that a company carries out. This object of activity may be changed, on the condition that such change is registered with the Romanian Trade Registry where the company is also registered. The approach can be more or less complicated, depending on the new object of activity […]

By : Jun 28, 2018 No Comment

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What is the required documentation for the opening of insolvency proceedings at debtors initiative

How to modify the main object of activity of the Romanian company

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