Commissioning pay back law published in the Official Journal In the Official Journal of Romania, part I, no. 330 from 28th April 2016 has been published Law no. 77/2016 regarding the commissioning pay back of some immovable assets in order… Read moreRomanian Legal Week: May 2-8, 2016
NAFA increases the minimum debt amount to the budget that will be published The National Agency for Fiscal Administration increased the minimum amount of debt the budget that will be published on the institution’s website at the end of this… Read moreRomanian Legal Week: April 4-10, 2016
The Competition Council has approved the merger between Nextebank S.A. and Carpatica Commercial Bank S.A. The Competition Council has approved the acquiring of control over Carpatica Commercial Bank S.A. and the entities it controls it by Nextebank S.A. Nextebank S.A. is… Read moreRomanian Legal Week: March 7-14, 2016
The plenum of the Constitutional Court reunited in the Tuesday meeting, the 3rd of November 2015, in order to solve the unconstitutionality exception of the provisions of Article 21, Law no. 72/2013 on the measures for combating the delay of… Read moreThe absolute nullity of the abusive clauses before the entry into force of Law no. 72/2013. Unconstitutionality
The High Court of Cassation and Justice ruled that right of VAT deduction on acquisition of goods is conditioned by the destination of the bought goods, meaning that these must be destined for the use in behalf of the taxable… Read moreThe conditions for deductible expenses
The High Court of Cassation and Justice ruled that, according to the provisions of the Art. 72, Law 31/1990, the obligations and liability of the administrator are regularized by the provisions regarding the mandate, and according to the Articles 1554-1555… Read moreExpiration of the administrator’s mandate. Effects on representation of the joint-stock companies
The High Court of Cassation and Justice ruled that Law no. 31/ 1990 regularizes a “ad nutum” revocation of the mandate given to the directors of the joint-stock companies, these ones couldn’t ask for their reinstatement, but only for damages,… Read moreRevocation of the director’s mandate. Labour rights vs. damages
In the Official Journal of Romania, Part I, no. 65 from 28th of August 2015 has been published the Government Decision no. 679/2015 regarding the amendment and completion of the Methodological Norms for the implementation of the Government Emergency Ordinance… Read moreThe amendment of the Government Emergency Ordinance on the stimulation of the establishment of micro-enterprises by young entrepreneurs
In the Official Journal of Romania, Part one, no.625 from 18th August 2015, has been published the Circular of The Council of Administration of the National Bank of Romania no.29/2015 regarding the rates of interest paid for the minimum reserves… Read moreThe rates of interest paid for the minimum reserves required as from 24th of July – 23rd of August 2015
The Financial Supervisory Authority has launched in public debate on Wednesday, 22nd July 2015, the consultation material concerning the exercise of national options resulted from the Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on… Read moreThe consultation material regarding MIFID II/ MIFIR | Draft
