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Shareholders Pre-Emption Right In The Transfer Of Shares Of A Joint Stock Company
The right of pre-emption is a right that allows the right holder to demand priority in the sale or transfer to himself in case of sale to someone else. The right of pre-emption may arise from the law as well as from the contract.
Does The Lease Agreement Termınate If The Property You Rent Is Sold Through Enforcement?
In recent economic conditions, disputes arising from rental relationships continue to increase day by day, and people are always concern of eviction. In this context, we will examine the termination of the lease agreement in case the rented property is sold through enforcement.
Increase in Legal Interest Rate
With the Presidential Decree No. 8485 published in the Official Gazette No. 32552 dated 21.05.2024, it was decided that the legal interest rate regulated in Article 1 of the Law No. 3095 on Legal Interest ...
How To Make A Testament (Will)?
A testament is a written document or a verbal statement that regulates the wishes of the person who leaves an inheritance and the distribution of his/her inheritance after his/her death. In this context, the provisions regarding wills are regulated in the Turkish Civil Code No. 4721 (hereinafter referred to as the "TCC" or "The Law").
What is an Ordinary Partnership?
The 3rd Civil Chamber of the Court of Cassation defines an ordinary partnership agreement as a contract in which two or more individuals or legal entities undertake to combine their efforts, assets, and capital for a common purpose. An ordinary partnership can be formed between two or more companies, or between two or more natural persons. Although ordinary partnerships do not have legal personality, it is possible to liquidate and terminate these partnerships.
Transfering Shares and Possibilities of the Shareholder Whose Share Transfer Agreement Isn’t Approved
According to the dictionary, a share is defined as "a portion of a whole divided between more than one person."