What is a Limited Partnership with Capital Divided into Shares? How does a Limited Partnership with Capital Divided into Shares operate?
Limited Partnership with Capital Divided into Shares – Concept and Characteristics A limited partnership with capital divided into shares, as defined in Article 563 of the Turkish Commercial Code, is a partnership whose capital is... Read More
What are the reasons for the termination of joint-stock companies? How does the liquidation process work?
Reasons for the Termination of Joint Stock Companies Joint stock companies are legal entities with permanent existence, classified as "capital companies" under the Turkish Commercial Code (TTK)... Read More
What are the amendments to the articles of association in joint-stock companies and how are they made?
Articles of Association General Amendments Although the articles of association of a joint-stock company reflect the company's intentions at the time of its establishment, over time, the company's growth, market... Read More
What is auditing in joint-stock companies and how does it work?
Auditing in Joint Stock Companies: Auditing, in its most general definition, is the process of verifying a company's activities, financial data, and managerial decisions against predetermined standards, legal regulations, articles of association... Read More
What are the powers, duties, and rights of the General Assembly of a Joint Stock Company, and what are the decisions of the General Assembly?
The Powers of the General Assembly: In joint-stock company law, the general assembly is the body where shareholders come together to discuss the company's fate, strategic direction, and fundamental existential issues... Read More
How is the Board of Directors of a Joint Stock Company Established? What are the Duties, Powers, and Rights of Board Members?
Board of Directors as an Organ: Joint-stock companies, by virtue of their legal personality, cannot express their will directly; they must express this will through their organs defined by law... Read More
Establishment of a Joint Stock Company, Incorporation Procedures: Articles of Association, Incorporation Process, What are the Penalties for Deficiencies and Irregularities in Incorporation Procedures?
Establishment Procedures: Articles of Association, Establishment Process and Capital Payments The establishment of a joint-stock company is regulated by Articles 335 and subsequent articles of the Turkish Commercial Code and includes specific... Read More
General Principles Regarding Joint Stock Companies and the Establishment of a Joint Stock Company
General Principles and Establishment Concept Regarding Joint Stock Companies Within the framework of the Turkish Commercial Code (TTK), joint stock companies are the most developed and... Read More
How to Collect a Bond Receivable?
A promissory note is one of the most frequently used negotiable instruments in commercial life. Often referred to as a "bill" among the public, a promissory note is a document whereby the debtor pays a specific sum of money... Read More