Turkey: Corporate/Commercial Law

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Article
The Presence Of A Ministry Representative At General Meetings Of Joint-Stock Companies
In capital companies, the general meeting is the most important body where the will of the company is formed. Particularly in joint-stock companies, these meetings—where shareholders exercise their rights, the management body is supervised, and the company’s fundamental decisions are made—are subject to strict procedural and formal requirements. In this context, the presence of a representative of the Ministry of Trade (hereinafter “Ministry representative”) is required at certain general meetings
Turkey Commercial
SO
Sakar Law Office
Article
Anonim Şirketlerde Genel Kurul Toplantılarında Bakanlık Temsilcisinin Bulunması
Sermaye şirketlerinde genel kurul, şirket iradesinin oluştuğu en önemli organdır. Özellikle anonim şirketlerde pay sahiplerinin haklarını kullanabildiği, yönetim organının denetlendiği ve şirketin temel kararlarının alındığı bu toplantılar, sıkı şekil ve usul kurallarına tabidir. Bu çerçevede bazı genel kurul toplantılarında Ticaret Bakanlığı temsilcisinin ( “Bakanlık Temsilcisi”) bulunması zorunluluğu öngörülmüştür.
Turkey Commercial
SO
Sakar Law Office
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Article
The Presence Of A Ministry Representative At General Meetings Of Joint-Stock Companies
In capital companies, the general meeting is the most important body where the will of the company is formed. Particularly in joint-stock companies, these meetings—where shareholders exercise their rights, the management body is supervised, and the company’s fundamental decisions are made—are subject to strict procedural and formal requirements. In this context, the presence of a representative of the Ministry of Trade (hereinafter “Ministry representative”) is required at certain general meetings
Turkey Commercial
SO
Sakar Law Office
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Article
Term Sheets In Turkish Venture Capital Transactions: Legal Enforceability And Two Common Pitfalls
A term sheet is the first substantive document exchanged in a venture capital transaction. It records the commercial and legal parameters that the parties have agreed in principle (e.g., valuation, investment amount, governance rights, exit mechanics) and signals that serious negotiations have begun. In the United States, where the global VC standard was established, the term sheet is a largely standardized instrument governed by well-developed transactional practice and a deep body of Delaware case law.
Turkey Commercial
FE
Fidanci & Esin Partners
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