Yes, but only through the court. If assets that should have been dealt with in liquidation or bankruptcy are discovered after a company is deleted without a legal successor, the court, on an application by a person with a legal interest, orders supplementary liquidation, appoints a liquidator and restores the company's Commercial Register entry. Timing matters: if nobody applies within four years of deletion, the company's assets pass into state ownership.
Why this happens
A company that no longer exists remains entered on the title deed. This may result from negligence during liquidation, where a property was overlooked or the liquidator did not know about it because it was absent from the accounts. Sometimes it is land acquired decades earlier that comes to light only during land consolidation or the sale of an adjoining plot.
The problem is that the property cannot be dealt with. Nobody can sign for the owner because the company has ceased to exist, along with the managing director’s or liquidator’s authority to act.
Supplementary liquidation is the solution
The Commercial Code provides a specific mechanism:
If a company has been deleted from the Commercial Register without a legal successor and company assets are discovered that should have been subject to liquidation or bankruptcy, the court, on an application by a person demonstrating a legal interest in supplementary liquidation, shall order supplementary liquidation of the company’s assets and appoint a liquidator for that purpose.
— Section 75k(1) of the Commercial Code (unofficial English translation)
The procedure works as follows:
- The application is made by someone demonstrating a legal interest, typically a former member, creditor, secured creditor or prospective property buyer.
- The applicant must deposit an advance for liquidation; otherwise, the court terminates the proceedings (Section 75k(2)).
- The court appoints a liquidator and restores the company’s Commercial Register entry with the information recorded at deletion (Section 75k(3)).
- The company then uses its business name with the addition ‘v dodatočnej likvidácii’ (‘in supplementary liquidation’).
- From restoration of the entry, the company is treated as if it had not ceased to exist (Section 75k(5)).
Only from that point is there someone who can act for the owner, enabling the property to be sold or otherwise dealt with.
Four years, then the position changes
There is one firm deadline in the whole matter:
If an application under paragraph 1 has not been filed within four years of the company’s deletion from the Commercial Register, the company’s assets pass into state ownership on expiry of that period.
— Section 75k(8) of the Commercial Code (unofficial English translation)
If you encounter such a property, the first fact to establish is the date the company was deleted from the Commercial Register. That determines whether supplementary liquidation remains available or whether the matter now requires discussions with the state.
What this means for creditors
Supplementary liquidation concerns more than assets. Unsatisfied claims and other rights against the company that existed when it ceased to exist are restored by the court’s decision. The limitation period did not run while the company was deleted, and after supplementary liquidation is ordered it cannot be shorter than one year (Section 75k(7)).
This may give a creditor who wrote off a claim a second chance. However, ordering supplementary liquidation does not affect the liquidation or bankruptcy already completed. If the discovered assets are insufficient to satisfy creditors, a share of the liquidation surplus received without good faith must be returned.
If you are buying such a property
Until the court orders supplementary liquidation and registers the liquidator, there is nobody with whom to enter into a valid agreement. Assurances that matters will ‘somehow be sorted out’ do not change that. The position can be checked before you sign anything. Through property due diligence, we establish when and how the owner ceased to exist, whether the four-year period is still running and who has a legal interest in applying. In company transactions, this forms part of company legal due diligence, where a deleted owner in the chain of title is a finding capable of stopping the entire deal.
We prepare and conduct the proceedings themselves as part of our company liquidation and dissolution work. The first step is always the same and inexpensive: establish the deletion date.
This answer provides general information on the law as at 16 August 2026. It does not constitute legal services or replace an assessment of an individual case. The details of your situation may differ. Book a consultation to discuss them.
