Pursuant to Article 365 of the Turkish Commercial Code No. 6102 (“TCC”), joint stock companies are managed and represented by the board of directors [“Board”]. In fact, management and representation of joint stock companies are both a right and a…
Valuable residence tax is a duty paid by the owners, usufruct right holders, or in the absence of both of these, those making dispositions of a residential immovable property which has a value above a certain amount. According to Article…
A prepaid house sales contract is a perfect reciprocal contract where the consumer undertakes to pay the sale price of a residential real estate in advance or in installments, and where the developer undertakes to transfer or deliver the real…
The Banking Regulation and Supervision Agency (BRSA) states in its decision numbered 10250 dated 24 June 2022 that “although some companies do not have foreign currency debt or foreign currency liabilities, and even have an excess foreign currency position, they…
Anayasa Mahkemesi İçtüzüğünün “Pilot Karar Usulü” başlıklı 75. maddesi şu şekilde düzenlenmiştir: “Bölümler, bir başvurunun yapısal bir sorundan kaynaklandığını ve bu sorunun başka başvurulara da yol açtığını tespit etmeleri ya da bu durumun yeni başvurulara yol açacağını öngörmeleri hâlinde, pilot…
As Astra Law Firm, we are proud to announce that we have started legal cooperation with the Savings Deposit Insurance Fund (SDIF) and that from now on, we will be providing legal support in their execution proceedings of a number…
As Astra Law Firm, we are pleased to announce that we have provided legal consultancy to our client, who will be the exclusive distributor of a UK based technology company operating in the software sector in the USA, on the…
Araçlarda meydana gelen değer kaybı, trafik kazası gibi sebepler neticesinde araçta oluşan hasarın giderilmesi için onarım gören bir aracın, ikinci el piyasasındaki değer azalmasını ifade eder. Gerçekten de bir araç her ne kadar orijinal parçalar kullanılarak ve kusursuz bir şekilde…
In its decision (file no. 2021/3452, decision no. 2021/6001), the 3rd Civil Chamber of the Court of Cassation (Yargıtay) has ruled that the rental fee to be applied during the litigation can be determined by means of an interim measure…
According to article 344/1 of the Turkish Code of Obligations numbered 6098 (“TCO”, “Law”), which applies to the rental fees of residential and roofed business premises; “The agreement of the parties regarding the rental fees to be applied in the…
