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A new clause has been added to Article 371 of the TCC which regulates the scope and limits of the authority to represent and bind of the board of directors.

Pursuant to its Principle Decision numbered i-SPK.128.25 and dated 15/01/2026 (3/52 p.d.), the Capital Markets Board of Türkiye (the "Board") has adopted a new practice in the evaluation of applications submitted...

The Law No. 7511 on the Amendment of the Turkish Commercial Code and Some Other Laws ("Law") was published in the Official Gazette dated 29 May 2024, and numbered 32560.

The Amendment Communiqué on the Communiqué ("Communiqué") on the Keeping of Non-Accounting Commercial Books of Enterprises in Electronic Form ("Amendment Communiqué")...

Pursuant to this provision, the closing certifications of the board of directors' resolution books for joint-stock companies and cooperatives, or the board of directors' resolution books for limited partnerships divided into shares, or the managers' resolution books for limited liability companies (if applicable), must be completed by Friday, January 31, 2025.

According to the first paragraph of Article 5 of the Communiqué on Share Buybacks No. II-22.1 (the "Communiqué"), a share buyback program can only be approved by a general assembly resolution.

The Decision was published on the Official Gazette on July 19, 2019.

Ministry officials note that they are awaiting secondary legislation, which will provide further detail and clarity on requirements and the rules and procedures around the grant of work permits...

Regulation Amending the Regulation on Associations ("Regulation") is published in the Official Gazette numbered 31635 and dated 21.10.2021.

Equity companies have enabled large investments and projects yet also caused company executives and managers to take great responsibilities and to be liable against the company, shareholders, and creditors for any losses incurred ...

Pursuant to Communiqué on Companies whose Shares will be listed on the Venture Capital Market (II-16.3) ("Communiqué") issued by the Capital Markets Board ("CMB"), non-public companies...

Pursuant to Article 1524 of the Turkish Commercial Code (the "TCC"), joint stock and limited liability companies that are subject to independent audit (for detailed information on which companies...

The Regulation Amending the Regulation on Associations ("Amendment Regulation") was published in Official Gazette dated 21 October 2021 and numbered 31635.

The Communiqué on Procedure and Principles of Implementation of Provisional Article 13 of the Turkish Commercial Code No. 6102...

Liability arising out of the failure to pay the joint stock company's public debts directly belongs to the company itself.

Since the new Turkish Commercial Code has entered into force on July 01, 2012, limited liability companies can now be incorporated with a sole shareholder provided at least one shareholder is among the managers of the company.

The provisions apply until the end of the investigation and prosecution processes initiated against such companies due to their alleged connection with terrorist organisations.