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Liquidation of Companies in Turkish Law

June 2014 - Corporate & Commercial. Legal Developments by Baspinar & Partners Law Firm.

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There are several reasons that a company becomes terminated in Turkish law. However, to complete the termination of a company, liquidation or bankruptcy procedures needs to be accomplished. 


Liquidation procedures have been regulated with special provision in law.  In this memorandum, we will briefly explain the procedure of liquidation of companies seated in Turkey. The memorandum will mainly focus on the legal aspect of the process and will provide the essential information regarding liquidation.  Read More