Corporate and M&A

Notification and Registration Obligations for Groups of Companies

Contact: Att. Revan Sunol; Erdem & Erdem (Turkey)

As known, groups of companies were not regulated under the former Turkish Commercial Code numbered 6267. Regulations regarding the assurance of the independence of the subsidiary against the parent company, and transparency in the market regarding groups of companies have been included within the Turkish Commercial Code numbered 6102 ("TTC") so the law could regulate the necessities of commerce.

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