Here's code for the solution based on the accepted answer:
#define the input table name
tblIN = "LFA_WYKAZ"
#define new feature class name
fcOUT = "LFA"
#define projection
projection = "c:\Program Files\ArcGIS\Desktop10.0\Coordinate Systems\Projected Coordinate Systems\National Grids\Europe\ETRS 1989 Poland CS92.prj"
#create empty polygon feature class
arcpy.CreateFeatureclass_management(arcpy.env.workspace, fcOUT, "POLYGON", "", "", "", projection)
#join fields from the input table
arcpy.JoinField_management(fcOUT, "OBJECTID", tblIN, "OBJECTID")
Below you'll find code for the solution based on @John's answer. Upto ArcGIS 10.0 JoinField is available only for ArcInfo. This one will work for all licence levels:
#define input table name
tblIN = "LFA_WYKAZ"
#define new feature class name
fcOUT = "LFA"
#define projection
projection = "c:\Program Files\ArcGIS\Desktop10.0\Coordinate Systems\Projected Coordinate Systems\National Grids\Europe\ETRS 1989 Poland CS92.prj"
#create empty polygon feature class
arcpy.CreateFeatureclass_management(arcpy.env.workspace, fcOUT, "POLYGON", "", "", "", projection)
#acquire field list from the input table
desc = arcpy.Describe(tblIN)
fieldListComplete = desc.fields
#limit field list to all fields except OBJECT_ID
fieldList = fieldListComplete[1:]
#create fields in the output feature class
for i in fieldList:
arcpy.AddField_management(fcOUT, i.name, i.type, "", "", i.length)