KBS Eco Domsp. z o.o.

Manner of representation

In the case of a one-person management board – the company is represented independently by the sole member of the management board. In the case of a multi-member management board – each member of the management board is entitled to represent the company independently. However, joint action by two members of the management board is required when performing legal acts concerning: incurring obligations or disposing of rights with a value exceeding PLN 100,000; acquiring, disposing of or encumbering real property, interests, shares, enterprises or organised parts thereof; granting general powers of attorney or commercial proxies; taking out credits, loans or leases with a value exceeding PLN 100,000; concluding agreements with members of the management board, partners or their families; making decisions on the disposal or acquisition of significant components of the company’s fixed assets.