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Foreign currency reserves in Turkey increased by 3.2%

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International Reserves/Foreign Currency Liquidity Developments - February 2020 Official Reserve Assets recorded USD 107.7 billion indicating 5.1 percent increase compared to the previous month....

Treasury to repay $13 billion debt in first quarter

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Treasury to repay $13 billion debt in first quarter According to the news of Hürriyet Daily News, Turkey’s Treasury will redeem a total of 80 billion Turkish...

Article 367 of Turkish Commercial Code showing the necessary steps for...

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Article 367 of Turkish Commercial Code showing the necessary steps for companies who go into debt due to capital loss is as follows. 3. Capital loss,...

What steps to follow if the exports which are not accepted...

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There is an export company selling mines. During the delivery, some goods were not accepted by the receiver but they also can not be...

What are the obligations of board members of an incorporated company...

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…There is an INCORPORATED company that has a capital of TRY 900.000 and is taken over in July, 2015. TRY 899.999 of this capital...

What General Assembly of the corporate having debts has to do?

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What General Assembly of the corporate having debts has to do? 1- If the fact of half total of capital and contingency reserve are unreciprocated, is...

How Receivables are evaluated?

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How Receivables are evaluated? 1-How receivables are evaluated? Receivables are evaluated with carrying value. On the other hand, the receivables based on deposit money or loan contract,...

What is the Partnership and Capital Structure in Corporations?

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1- WHAT IS THE CAPITAL STRUCTURE IN CORPORATIONS? Corporations are established by one or more than one real person or legal entity under a commercial...

Greece Debt Relief in Eurozone!

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The authorities in Eurozone have promised that there would be deal by the end of May in order to solve the debt issue of...