Criminal Liability Of Company Managers

Company directors are legally responsible persons of limited partnerships, collectives, limited liability, cooperatives and joint stock companies listed in Article 136 of the Turkish Commercial Code. In some types of companies, the authority of management, representation and supervision belongs to certain bodies. The concept of organ, on the other hand, is the persons who legally constitute the legal entity of the legal entity and enable the legal entity to participate in legal life. Transactions and actions of the persons forming the body may be binding on the legal entity.

In the event that a crime is committed during the management or execution of transactions of companies with legal personality, according to Article 20 of the Turkish Penal Code, security measures stipulated in the law are applied instead of criminal sanctions against legal entities. In addition to this, the executives of the company may also have criminal liability.