Dear Konuk,

Pursuant to the provisions of Turkish Commercial Code(TCC) , specifically in the Articles 549 to 552, a Limited Company's dissolution is subjected to the requisites below :

- Upon the grounds stipulated in the articles of incorporation,
- Unless otherwise stipulated by the articles of incorporation, by resolution of at least 3/4 of the shareholders with a majority of votes representing 3/4 of the total capital of the firm,
- Upon the bankruptcy order of the firm,
- Upon a request by a shareholder due to the reasonable grounds, by a court order.
- Upon the other grounds specified by law.

As far as a limited company composed of two shareholders, as in your case, and a capital divided as of %51 and % 49 is concerned, the resolution said above towards a dissolution should be taken by both of the shareholders together.In default of such a chance, you may, as a shareholder, claim the dissolution of the firm before the Court depending on the reasonable grounds.

In case the firm is under obligation of tax payments and is in default thereof, the tax authority can impose a travel ban outside of Turkey for the shareholders.