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Does a break in a shareholders' meeting affect the terms of company board members?
The moment at which the terms of a company's management board and supervisory board expire remains a contentious legal question in Poland. Particular uncertainty arises when a general shareholders' meeting is adjourned and resumed at a later date — it is unclear whether mandates expire at the original convening or after the resumed session concludes. The lack of clear regulations exposes companies to legal risk.
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