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In the current legal system, companies, with their rights and obligations, capable of initiating lawsuits and being sued, are the inured imaginary entities of modern life.

The board of directors is the executive and representative authority and a mandatory corporate body of a joint stock company.

Turkish Commercial Code No. 6102 (the “TCC” or the “Code”) establishes a fault-based liability regime for members of the board of directors. Pursuant to Article 553(1) of the TCC, board members who culpably breach their obligations arising from the law or the articles of association are liable for the resulting loss or damage caused to the company, its shareholders, and its creditors.

Since share certificates are movables, whether registered or bearer, usufruct rights may be established on them. The fact that a share is attached to a deed does not change the fact that the subject of the usufruct...

Ticaret Bakanlığı İç Ticaret Genel Müdürlüğünün "Tescil Başvurularında Sunulan Genel Kurul ve Yönetim/Müdürler Kurulu Kararları" konulu bildirimi ile şirket organlarınca alınan kararların depolanmasında elektronik defter uygulamasına geçilmesiyle birlikte, ...

The Board of Directors (“BoD”) of a joint stock company has been one of the most significant areas in the commercial environment.

Dismissal of the board members of a joint stock company is regulated under the Turkish Commercial Code numbered 6102 ("TCC").

Below are the other documents that may be required for establishing a company in Turkey.

The Turkish Commercial Code ("The Code") basically governs commercial relationships and establishment and governance of companies.

Akabinde fiili olarak çalışma ve sigortalılık yükümlülüklerinin gerçekleştirilmesi gerekmektedir.

This article briefly sets out some of the changes in relation to joint stock companies introduced by Turkish Commercial Code numbered 6102 ("NTCC")...

A share certificate is a written instrument signed on behalf of a company, and serves as legal proof of ownership of the number of shares indicated.

Article 530 of Turkish Commercial Code No. 6102 regulates the cases where, for a lengthy period of time, one of the company bodies that is mandatory by law does not exist, or where the general assembly fails to convene, ...

Joint ventures with the participation of foreign shareholders became very popular in Turkey, especially after the late 1980s.

The Turkish Commercial Code No. 6102 deviates from the abrogated Turkish Commercial Code No. 6762 concerning the authorities and responsibilities of the board of directors.

Under the Turkish Commercial Code No. 6102 ("TCC"), the bodies of a joint stock company are the general assembly and the board of directors.

In Turkish business life, two fundamental documents regulate the relationships between company partners: the articles of association and the shareholders' agreement.