Final date for re-registration of the sole entrepreneurs, the companies and the cooperations
The deadline for re-registration of a company incorporated under the old regime in the company's divisions of the district courts shall expire on December 31, 2011. The sole entrepreneurs and the branches of foreign traders, for which no re-registration has been requested within this time limit, shall be deemed deleted as from 1 January 2012. The court of registration shall archive their company files. The activity of the companies and cooperations, for which no re-registration has been requested within this time limit, shall be terminated on 1 January 2012 and they shall not have the right to exercise trade activity, to file actions and to file applications for execution proceedings, to dispose of their property, except for payment of due amounts to employees, as well as to transfer amounts for payment of public debts. Any acts of disposition of property of companies and cooperations with terminated activity, performed after 31 December 2011, shall be deemed null and void. The legal representatives of companies and cooperations with terminated activity may only receive statements directed to such traders.