July 01, 2014 is the last day for corporations and limited liability companies to have their company agreements compliant with the new Turkish Commercial Code. Pursuant to Article 22/2 of the Law numbered 6103, there is no quorum requirement and simple majority of the votes will suffice to adopt the necessary changes.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.