Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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As is known, the New Turkish Commercial Code (“New TCC”) has been accepted by the Grand National Assembly of Turkey on January 14, 2011.
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Focus items for this edition are: Turkey 2011 Progress Report and the Communiqué on the Increase of the Lower Limit for Administrative Fines
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Focus item for this edition is: Communiqué regarding the Determination of the Production Year of Motor Vehicles and Trailers
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Focus items for this edition are: Turkey 2011 Progress Report and the Communiqué on the Increase of the Lower Limit for Administrative Fines
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Focus items for this edition are: Turkey 2011 Progress Report and the Communiqué on the Increase of the Lower Limit for Administrative Fines
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Focus items for this edition are: Sea Planes, Airplane Passenger Rights and the Transfer of Operating Rights Obligation
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Focus items for this edition are: Declaration of Assets & Imprisonment
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Focus items for this edition are: Environmental Regulations: Licenses and Permissions, Appointment of Certified Energy Directors and Amendments to Electricity Market Regulations
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Focus item for this edition is: Publishing of Tax Rulings on Turkish IRS Website
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Voting rights in joint stock companies are of significant importance, since they enable shareholders to participate in the management of the company. Shareholders may have a voice in the activities of the company through the exercise of their voting rights, such as appointment of members to corporate boards, supervision of the said members and exercise of minority rights. Privileges such as right of access to information, convocation of the general assembly and right to demand the annulment of the decisions aim to guarantee that the voting right is exercised more efficiently.