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Best Corporate Governance Lawyers in Siverek

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Turkey Corporate Governance Legal Questions answered by Lawyers

Browse our 1 legal question about Corporate Governance in Turkey and read the lawyer answers, or ask your own questions for free.

Do minority shareholders in a Turkish Joint Stock Company have the legal right to request a special audit if they suspect financial mismanagement?
Corporate & Commercial Corporate Governance
I hold a ten percent stake in a Turkish Anonim Sirket and have noticed unexplained discrepancies in the recent balance sheets approved by the board. The majority shareholders refuse to provide detailed accounting records or address my concerns during the general assembly. I want to know if I can legally... Read more →
Lawyer answer by Serka Law Firm

Yes, and with ten per cent you hold the stake the Code requires when the general assembly refuses. The Turkish Commercial Code No. 6102 builds the special audit in two steps. Under Article 438(1), a shareholder may ask the general...

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