March 25, 2026

DPC Successfully Challenges Refusal of the Commercial Register to Initiate Fast-Track Liquidation Procedure

DPC successfully overturned a Commercial Register refusal, reaffirming that the fast‑track liquidation procedure is fully applicable and can effectively accelerate company liquidations for eligible businesses

Recent practice by the Commercial Register has shown that the applicability of the legal option for conducting fast-track liquidation procedure, introduced at the end of September 2024, remains in question. In late January 2026, the state authority refused to initiate fast-track liquidation procedure, arguing that the implementation of the simplified procedure had been postponed until the technical infrastructure for information exchange was established.

The Commercial Register’s refusal was revoked by the court, which fully accepted the DPC team’s arguments that there was no obstacle to the application of the fast-track liquidation procedure.

The successful revocation of the refusal is in line with the purpose of the new procedure - to assist businesses by expediting the liquidation process for companies that meet the legislative requirements. State authorities’ cooperation plays a key role, and any improvement in the process impacts all participants.

Polya Dimitrova
Senior Associate

Polya is a talented lawyer with over 10 years of practice, highly valued by both clients and colleagues for her knowledge, commitment, and amiable disposition

Pavel Dimitrov
Associate

Pavel is a bright young lawyer, eager to apply in practice all the legal knowledge he has gained during his studies.

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