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The Board of Directors is the main management body of a joint stock corporation.

Pursuant to the Turkish Commercial Code numbered 6102 ("TCC"), joint stock companies are represented and managed by the board of directors; therefore, the board of directors is a mandatory and permanent organ of joint stock companies.

Although there has been preparations to regulate the commercial life in Turkey, a new draft commercial code is pending in the commission to be finalized and proposed, the current Turkish Commercial Code ("TCC") is still in effect and applicable for the liabilities of the Board of Directors in a joint stock company in Turkey.

General assembly can be convened ordinary or extraordinary; convention, agenda and call procedure of general assembly are regulated in detail under TCC.

Article 376 of the TCC regulates specific cases of capital inadequacy in joint stock and limited liability companies and requires certain corporate actions to be taken in each case.

Following certain amendments in the Capital Markets Law No. 6362 ("CML") with the Law No. 7222 Amending Banking Law and Certain Other Laws published in the Official Gazette dated 25 February 2020...

In our article titled "Capital increase in joint-stock companies", we have briefly mentioned the procedures envisaged in Article 456 et al. of the Turkish Commercial Code.

Law numbered 7511 on Amendments to the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024 and numbered 32560.

The Communiqué on Corporate Governance II No:17.1 was published in the Official Gazette dated 03.01.2014 and numbered 28871.

Limited şirket, kurucuların, yöneticilerin, yönetim kurulu üyelerinin ve tasfiye memurlarının kanundan doğan yükümlülüklerini ihlal etmeleri nedeniyle zarara uğrayabilir.

A limited liability company may incur damages due to the violation of legal obligations by the founders, directors, board members, and liquidators.

LLCs are represented by one or more directors or a board of directors. A director, within the scope of their representative authority, manages the company

The new Turkish Commercial Code introduced innovations to the issue of board of directors' liabilities in joint stock corporations.

Artificial intelligence (AI) is the name given to the ability of a digital computer or a computer-controlled robot to perform tasks that are usually associated with intelligent beings.

The "right of first refusal" allows its holder to claim the transfer of the subject of the right witha unilateral declaration of intent. In doctrine, the right of first refusal may be described basically as an obligation to offer the subject of the right to the holder of the right before selling it to third parties.

Share certificates in joint stock companies, one of the most preferred partnership types in Türkiye, are regulated under Articles 484-501 of the Turkish

Mutual funds are obliged to prepare various reports and tables in order to fulfill their financial reporting obligations.

Tax Procedural Law General Communiqué Serial No. 529 ("Communiqué"), involving the provisions on notification obligation related to beneficial ownership, has come into effect by being published in the Official Gazette dated 13 July 2021.