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Amendment to the Commercial Companies Code and certain other acts

The Council of Ministers has approved a proposal to amend the Commercial Companies Code and certain other acts. The intended amendment would implement a holding company law into the Polish legal system, to regulate private law relationships within capital groups (the relationship between the dominant company and subsidiaries). Under the bill, the managing bodies of the dominant company will be able to manage the capital group more effectively (right of oversight over subsidiaries, or squeeze-out rights, and a right to review information about subsidiaries).

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December