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  • Article

    Turkey Encourages Recourse Against Directors For Misuse Of Offering Proceeds

    On July 3, 2015, the Turkish Capital Markets Board (the "CMB") announced that it had imposed an administrative fine of TRY 123,278 (approx. USD 46,000) on a public company because the company used proceeds from its equity offering contrary to the disclosures in its offering circular (izahname).
    TurkeyCorporate/Commercial Law
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    When Is An Expert Report Not Necessary If Receivables Are Contributed To Company’s Capital?

    The capital of a company can be paid in two ways, first by cash injection and second, by contribution in kind, that is any contribution which is permitted by law and not in cash.
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
Ersoy Bilgehan
  • Article

    Court Of Justice Of The European Union – Annulment Of The European Commission Illumina Grail Decision

    The Court of Justice of the European Union (‘Court') annulled European Commission's (‘Commission') decision concluding that it had no legal grounds to review and ultimately prohibit Illumina...
    European UnionCorporate/Commercial Law
    NAZALI Attorney Partnership
    NAZALI Attorney Partnership
  • Article

    Extension Of The Temporary Period For Calculations Under Article 376 Of The Turkish Commercial Code

    Turkish Commercial Code amendments extend the deadline for excluding certain losses and expenses from capital loss calculations, providing companies additional time to manage foreign exchange losses, lease expenses, depreciation, and personnel costs in their financial assessments.
    TurkeyAccounting and Audit
    Bener Law Office
    Bener Law Office
  • Article

    COVID-19: Ministry Of Trade Urges Companies To Preserve Their Equities

    The Announcement referred that the Ministry of Trade informs companies to preserve their equities during the COVID-19 pandemic.
    TurkeyCoronavirus (COVID-19)
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Remote Working Is Extended Until 27 May For Teknopark And R&D Companies

    With the joint press statement given on 15 March 2020 by the Ministry of Family, Labor and Social Services, Ministry of Treasury and Finance and Ministry of Industry and Technology;
    TurkeyCoronavirus (COVID-19)
    CottGroup
    CottGroup
  • Article

    Capital Markets Board Of Turkey Amends The Communiqué On Corporate Governance

    Capital Markets Board of Turkey has made amendments regarding the publicly held companies to fulfill their obligation to make a disclosure to the stakeholders within the framework of the sustainability principles compliance, ...
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Communique On The Electronic Maintenance Of Commercial Books Not Related To Business Accounting

    Pursuant to article 5(1)(a) of the Communique on the Electronic Maintenance of Commercial Books Not Related to Business Accounting ("Communique")...
    TurkeyCorporate/Commercial Law
    KST LAW
    KST LAW
  • Article

    Extension Of The Deadline Regarding Amendments To The Communiqué With Respect To Capital Loss And Negative Equity

    The Communiqué (the "Amending Communiqué") published in the Official Gazette on November 8, 2022, extended the deadline provided under Provisional Article 1 of the Communiqué on the Procedures and Principles Regarding Implementation of Article 376 of the Turkish Commercial Code No. 6101 (the "Implementation Communiqué").
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    Halka Açık Şirketler Yol Ayrımında: Kottan Mı Çıkacaklar, Alt Pazarlara Mı Kayacaklar?

    Borsa İstanbul'un Pazar yapısında yaptığı değişikliklerin ardından, SPK'nın ortaklıktan çıkarma eşiğini %95'e çekmeyi düşündüğünü açıklaması, fiili dolaşım oranı az olan halka açık şirketleri karar almaya zorluyor: kottan çıkmak mı, pazarı korumaya çalışmak mı?
    TurkeyCorporate/Commercial Law
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Important Changes On Company Agreements And Electronic General Assembly System

    The Communiqué Regarding Extension Of The Deadline For The Limited Liability Companies And Corporations To Amend Their Company Agreements In Compliance With The Turkish Commercial Code (the "Communiqué") has entered into force on June 29, 2013.
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Minimum Share Capital Requirements Have Been Amended

    In accordance with the presidential decision, which was published on 25 November 2023, and the rectification letter, which was published on 26 November 2023...
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    New Era For Sustainability Guidelines: New Reporting Format

    The Capital Markets Board of Turkey ("CMB"), with its decision ("Decision") published in its Bulletin dated June 23, 2022 and No. 2022/32 requires companies whose shares are traded in the Main Market...
    TurkeyCorporate/Commercial Law
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    New Sustainability Report Template Was Published

    With the Capital Markets Board's ("CMB") decision published in the bulletin dated June 23, 2022 and numbered 2022/32, the companies whose shares are traded in the Main Market...
    TurkeyCorporate/Commercial Law
    LBF Partners
    LBF Partners
  • Article

    Omnibus Law: Limitations On Dividend Distribution

    Law No. 7244 on Reducing the Effects of the Novel Coronavirus (COVID-19) Pandemic on Economic and Social Life and the Amendment of Certain Laws was published in the Official Gazette last Friday, 17 April 2020.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Restrictions Have Ended: Companies Can Now Freely Distribute Dividends

    We had previously announced that the Temporary Article 13 inserted into the Turkish Commercial Code set out restrictions on companies' distribution of their net profits...
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Setting Up Operations In Turkey

    Today's uncertainties at the European Union's eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world.
    TurkeyCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    The Notarization Requirement Has Been Abolished For Companies Transitioning To The Electronic Commercial Ledger System

    Pursuant to the notification of the Directorate General of Domestic Trade of the Ministry of Trade, titled "General Assembly and Board of Directors/Directors Resolutions Submitted in Registration Applications," ...
    TurkeyCorporate/Commercial Law
    LBF Partners
    LBF Partners
  • Article

    The U.S. Federal Trade Commission – Federal Trade Commission And Department Of Justice's 2023 Merger Guidelines Coming Into Force

    The Chairman of the Federal Trade Commission ("FTC") announced that the FTC and the Department of Justice's joint 2023 Merger Guidelines have become effective and will act as the framework...
    TurkeyCorporate/Commercial Law
    NAZALI Attorney Partnership
    NAZALI Attorney Partnership
  • Article

    Turkey Amended The Communiqué On Signing Of The Company Establishment Agreement At The Commercial Registry Directorates

    Paragraph 6 of the article regarding the preparation procedures of the Communiqué ("Communiqué") of the Communiqué on the Signing of the Company Establishment Agreement...
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Showing 41–60 of 3439 results

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