Joint representation increases the security of transactions carried out by the company. At least two people, usually members of the board, must place their signatures under a contract.
- Obligations related to the representation of a limited liability company (spółka z o.o.) rest on members of the board. This applies in particular to concluding contracts on behalf of the company or acting as its representative before courts and offices. In some situations, representation of the company by management board may be problematic. This applies in particular to companies in which joint representation is required. Such companies cannot be represented only by one member of the board. In order to fulfill the requirement of joint representation, a declaration on behalf of the company must be submitted by at least two people. - writes Marcin Borkowski in Puls Biznesu.
The article is available at: https://www.pb.pl/pelnomocnik-spolki-przed-sadem-964951