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Turkish Commercial Code

 
31October2024

Law No. 7529 on Amendments to Law on Consumer Protection and Various Laws Published

The Law No. 7529 on Amendments to Law On Consumer Protection and Various Laws ("Act") was published in the Official Gazette No. 32707 on October 30, 2024.

In line with this Act, the phrase "or distance" was added after the term "written" in the relevant articles of the Law No. 6502 on Consumer Protection ("Consumer Protection Law"). This change aims to ensure comprehensive consumer protection in both written and distance contracts.

Author Taylan Ege Günel, Category Turkish Commercial Code

07August2024

Türkiye International Direct Investment Strategy Published

The document titled "Türkiye International Direct Investment Strategy 2024-2028" has been meticulously prepared as a roadmap to ensure sustainable economic development in Türkiye and to promote international investments. The aim is to enhance both the quality and quantity of international direct investments (FDI) in the country. In summary, the document includes the following key points:

Author Ümit Kır, Category Turkish Commercial Code

30May2024

Law No. 7511 on the Amendment of the Turkish Commercial Code and Other Certain Codes Has Been Published

Law No. 7511 on the Amendment of the Turkish Commercial Code and Certain Other Laws ("Law No. 7511") was published in the Official Gazette No. 32560 on May 23, 2024.

While this Law No. 7511 primarily aims to amend the Turkish Commercial Code numbered 6102 ("Turkish Commercial Code"), it also includes changes to various other laws such as the Law on the Protection of Competition, the Law on the Protection of Consumers, the Law on the Union of Chambers and Commodity Exchanges of Turkey, the Law on Cooperatives, and the Law on the Regulation of Retail Trade.

Author Taylan Ege Günel, Category Turkish Commercial Code

24January2024

Monetary Limits for Announcements of Sales to be Made Pursuant to the Execution and Bankruptcy Law Updated

Communiqué on Updating the Monetary Limits Regarding the Announcements of Sales to be Made Pursuant to the Execution and Bankruptcy Law was published in the Official Gazette numbered 32438 on January 23, 2024.

With the related Communiqué, the monetary limits in the third paragraph of Article 12 of the Regulation on the Procedure of Electronic Sales Pursuant to the Execution and Bankruptcy Law published in the Official Gazette dated March 8, 2022 and numbered 31772 ("Sales Procedure Regulation") (In Turkish) were updated by taking into account the PPI rates.

Author CottGroup Hukuk ve Mevzuat Ekibi, Taylan Ege Günel, Category Turkish Commercial Code

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