Commercial Law – Av. Lider Tanrıkulu

Introduction At incorporated companies, the main board declares its will with a decision which is formed with the majority of votes. In some situations, this can present a problem, as the majority may only seek the fulfilment of their own interests, not caring for the needs of the minority. Therefore, the rights of the majority…

INTRODUCTION As it is known, the concept of entity/person is categorized under the terms “real person” and “legal entity/person” in the Turkish legal system. The legal entity is defined as the entity which “legally binds together the property of many people and is legally treated as one person. The legal entity is able to become…

Classic Roman Law bases the sources of liability on two main pillars. One of these pillars is the contract liability, whereas the other is tort liability (liability which occurs due to unrighteous/tortious actions). Jhering, in his article which he wrote in 1861 titled “Error in Unestablished and Invalid Contracts/Culpa in Contrehendo,” tried to draw attention…

ABSTRACT Even though the matter of reckless and fraudulent bankruptcy has been referred to in the clauses no. 161 and 162 of the Turkish Penal Law No. 5237, the matter which must be clarified in the first place is the concept of bankruptcy itself. Bankruptcy means going financially bankrupt and being unable to pay debts….

The article no. 359 of the Turkish Trade Act no. 6102 has regulated the initiation of the duties of the member of the board of management under two categories; appointment and election.  Appointment occurs if the initiation takes place during the formation of the prime contract, whereas the election occurs when the members of the…

INTRODUCTION As it is known, the concept of entity/person is categorized under the terms “real person” and “legal entity/person” in the Turkish legal system. The legal entity is defined as the entity which “legally binds together the property of many people and is legally treated as one person. The legal entity is able to become…

INTRODUCTION The Incorporated Companies, which bring small capitals together under financial, commercial and industrial institutions and which always have had an important role in economy, are among the most important economic institutions. The main relations related to incorporated companies, which have many social and economic functions, are found in the Turkish Trade Act. No. 6102….

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