FINANCIAL STATEMENT AS A BASIS FOR ESTABLISHING THE “REASONABLE TIME” FOR SUBMITTING A BANKRUPTCY PETITION OF LIMITED LIABILITY COMPANIES IN POLAND
Background and Objective: The Bankruptcy Law defines the debtor’s insolvency and sets the deadline for submitting a bankruptcy petition. Determining the reasonable time to submit the petition is crucial for the debtor’s management board. Exceeding this deadline has negative consequences in the form...
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Format: | Article |
Language: | English |
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Gdańsk University of Technology
2022-06-01
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Series: | Research on Enterprise in Modern Economy Theory and Practice |
Subjects: | |
Online Access: | https://journal.mostwiedzy.pl/reme/article/view/2693 |