Economic activity is one of the most important elements of modern human life. Among these economic activities, trade is of paramount importance, and the legal field that regulates this is called corporate and commercial law .
Since ancient times, people have met their basic needs for survival through a series of continuous activities. Today, these activities have spread to a wide variety of areas. One of these, perhaps the most extensive in the field of economic activity, is trade. trade , we could explain it as the exchange of goods for a certain value during the period from production to consumption. Due to its extensive place and importance in economic life, matters related to trade are regulated by a separate law. While this is the primary source for establishing rules and resolving issues related to these matters, other rules are naturally needed. The Turkish Code of Obligations can be considered one of the main sources in this sense. In addition, general laws or other specific sources may also find application when interacting with other areas.
Commercial activities are of great importance to individuals or institutions, and the resulting losses can be significant and irreversible. Therefore, legal advice should perhaps be prioritized over other areas. Through this advice, access to and adherence to legal rules governing business can prevent disruptions or losses, or minimize potential damage to the business. In short, legal advice helps ensure that commercial activities are conducted under the most favorable conditions.
Negotiable Instruments (Checks, Promissory Notes, Bills of Exchange) in Corporate and Commercial Law
Corporate and Commercial Law is Negotiable Instruments. Considering that commercial activities are carried out with the aim of making a profit, it is necessary to handle matters as quickly and simply as possible. The purpose of documents legally recognized as negotiable instruments is to facilitate this. Because they are documents that simplify the functioning of commercial life, they are frequently used. This situation leads to frequent reference to the rules regarding these documents. Compliance with the rules regarding the issuance, use, withdrawal, etc., of negotiable instruments is a matter that should not be neglected, as commercial losses can reach significant amounts for the economic activity of an individual or institution. Therefore, in addition to general legal knowledge, it is necessary to consult an expert with the most up-to-date information on this subject.
What is Corporate Law?
The most important branch of Corporate and Commercial Law is Corporate Law. Just as inventions can occur in the positive sciences, so can inventions in the social sciences. Companies are one such invention. Individuals who conduct their economic activities to meet their needs for survival through trade are at risk of not being able to meet these needs because commercial life depends on various parameters. To reduce or eliminate this risk and to increase the freedom and competitiveness of the commercial environment, the practice of establishing legal entities that are independently responsible for losses or debts arising from commercial activity has emerged. These entities are called companies. Today, a large part of commercial activity consists of company activities. Legal problems in company activities can create significant problems for the company, the individuals comprising it, and the national economy. At this point, Corporate and Commercial Law will benefit all parties.
Our Services for Companies:
- Providing guidance on drafting and amending the company's articles of association
- Handling lawsuits related to company management
- Providing clients with necessary information regarding matters related to shares, securities, and bonds, and handling related legal cases
- To oversee the company's management to ensure it complies with the Capital Market Law
- In addition, keeping track of the latest changes in Corporate and Commercial Law and adapting the company to these changes
For legal issues regarding Corporate and Commercial Law or other matters, you can contact us contact section.