Resolutions of the shareholder disputes under Turkish legislation

As per the Turkish Commercial Code (“TCC”), there are 2 primary types of Companies. These are, Joint Stock Company “Anonim Şirket” and Limited Liability Companies “Limited Şirket”. There are also 2 other Company types which, in practice, are not commonly seen or established. These are Collective Companies “Kollektif Şirket” and Commandite Companies “Komandit Şirket”. In practice, Joint Stock Companies and Limited Liability Companies are established whereas Collective and Commandite Companies are not often established.

Shareholders’ rights and potential disputes

The rights and obligations of a shareholder are regulated by the TCC. As per the articles mentioned therein, the shareholders have certain rights towards each other and towards the Company. In addition, the shareholders who have at least 10% shareholdings in a Company have special rights as they are considered a “minority”.

Practice areas
Istanbul, Turkey
Banking & Finance
Construction & Infrastructure
Industry & Trade
Oil & Gas
Pharmaceuticals & Healthcare
Technology, Media & Telecommunications
Practice area:
Antitrust and Competition
Dispute Resolution
Finance and Securities
Intellectual Property
Customs Law, International Trade & WTO
Licenses and Permits
Project Finance & Public-Private Partnership (PPP)
Restructuring & Insolvency
Subsoil Use
Real Estate
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