Tag: Board of Directors

In Limited Companies, it is not compulsory for Board of Directors to keep Minute Book. On the other hand, those who wouldn’t like to keep...

1- What does “Corporation” Mean? Corporation means a company whose capital is specified and shared and which is in charge of its own assets because...

The Board of Directors in Corporations assign a chairman among its members and at least one deputy chairman (in order to act for the...

1-Is Sole Corporation Possible? Yes. It is possible to establish a Sole Corporation in accordance with the New Turkish Commercial Code (It is called ‘’New’’, but...

1- WHAT IS JOINT STOCK COMPANY? 1.1- Joint-stock company is a company whose capital is declared and divided into shares and who is only responsible for...

The features of one man company: 1- With the New Turkish Commercial Code, it is possible to establish one man company. 2- One man company can be established...

A Member of Board cannot perform any action on behalf of himself/herself or other persons with the company without getting permission from the Board...

Legal entities can be assigned to the Board of Directors in Corporations and Limited Companies; however, real person(s) representing legal entities cannot be assigned...

Income from capital investment means any income such as interest, dividend, rent and as such derived from capital in cash or capital in kind....

Credit Suisse bosses cut their own bonuses by 40%! Credit Suisse board of directors have decided to cut their own bonuses by 40% and keep...