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On 1 January 2020, a significant part of the provisions of the Act of 30 August 2019 amending the Code of Commercial Companies mainly concerning the introduction of mandatory dematerialisation of bearer and registered shares in joint-stock companies and limited joint-stock partnerships, which are not subject to mandatory dematerialisation within the meaning of the provisions of the Act on Public Offerings, the Act on Trading in Financial Instruments and related regulations, enters into force.
On 1 January 2021, all shares will by force of law cease to be valid and shareholders will be the persons listed in the shareholder register. After this date, shares will not take the form of a document confirming the shareholder's status, but only a document needed to update the shareholder register, though only until 1 January 2026. After this date, shareholders whose share documents have not been submitted to the company and are not included in the shareholder register will lose protection for their rights under the shares.
Full content of the legal alert is available in attached PDF.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: email@example.com.
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