Mesajı Okuyun
Old 02-09-2010, 16:29   #1
Konuk

 
Kitap Turkish Commercial Code & joint ventures

Dear Sirs,
we are dealing with a joint venture agreement, and we would like to verify some aspects of Turkish law. In particular, is it true that:
1) according to Turkish Commercial Code, extraordinary decisions (conversion, merger or spin-off or other corporate restructuring measures; sales or purchase of assets outside the ordinary course of business; decision on change of the articles of association) shall require the UNANIMOUS approval? What is the relevant article? And - btw - is it possible to get an English translation of that code?
2) according to Turkish laws, general meetings must be held in Turkey?
Thank you in advance for your help.
Best regards,
simona