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ARTICLE · 08 OCTOBER 2024

Concordat Expense Advance Tariff Has Been Renewed

Moroglu Arseven
Moroglu Arseven
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The Communiqué ("Communiqué") on the redetermination of the concordat expense advance tariff prepared based on the fourth paragraph of Article 285 of the Enforcement and Bankruptcy Law numbered 2004...

TurkeyInsolvency/Bankruptcy/Re-Structuring
Burak Baydar
Burak Baydar
Nejla Aydin Özer
Nejla Aydin Özer
İbrahim Enes Altan
İbrahim Enes Altan
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The Communiqué ("Communiqué") on the redetermination of the concordat expense advance tariff prepared based on the fourth paragraph of Article 285 of the Enforcement and Bankruptcy Law numbered 2004 was published in the Official Gazette dated 24 August 2024 and numbered 32642.

The Communiqué regulates the amount of the advance to be deposited to the court cashier while requesting concordat pursuant to the Enforcement and Bankruptcy Law numbered 2004 and the procedures and principles regarding its payment. The Concordat Expense Advance Tariff published in the Official Gazette dated 11 August 2023 and numbered 32276 has been repealed and the tariff has been redetermined.

Pursuant to the Communiqué that entered into force on the date of its publication, the amount of advance on expenses to be deposited to the court cashier for a concordat request is as follows:

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