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THE DEATH OF THE TENANT AND ITS EFFECTS ON TENANCY AGREEMENTS 18 February 2022
THE DEATH OF THE TENANT AND ITS EFFECTS ON TENANCY AGREEMENTS I. INTRODUCTION The death of the real person tenant or the lessor is one of the important reasons that cause the lease agreement which was initially consisted of one person on both sides at the beginning to later turn into a joint lease without the will of the parties. With the death of the tenant or the lessor, by the principle of universal succession, the heirs of the deceased become parties to the lease agreement by replacing the legator.
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THE LIQUIDATION OF LIMITED COMPANIES 10 January 2022
THE LIQUIDATION OF LIMITED COMPANIES I. INTRODUCTION Limited Companies are terminated by the following reasons such as the realization of one of the reasons for termination written in articles of association of the company, the resolution of the general assembly, the adjudication of bankruptcy, and other termination cases stipulated in the law.
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THE REQUIREMENT TO NOTIFY AND REGISTER BEARER SHARE CERTIFICATES TO THE CENTRAL REGISTRY AGENCY 24 December 2021
THE REQUIREMENT TO NOTIFY AND REGISTER BEARER SHARE CERTIFICATES TO THE CENTRAL REGISTRY AGENCY 1. INTRODUCTION “The Communique on Notification and Registration of Bearer Share Certificates to the Central Registry Agency (“Communique”) was published in the Official Gazette No. 31446, dated April 6, 2021, and entered into force. The Communique provides the procedure and principle regarding the notification and registration of bearer share certificates of joint-stock companies to the Central Registry Agency (“CRA”).
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THE SCOPE OF THE PRIVACY POLICY IN ARBITRATION 2 November 2021
THE SCOPE OF THE PRIVACY POLICY IN ARBITRATION INTRODUCTION Today, the concept of confidentiality is of great importance in the parties' will to resolve their disputes through commercial arbitration. The reason for this will is that the proceedings before the national courts are open to the public. With the open proceedings, the parties' non-public information might be disclosed. Since the arbitration proceedings are not open to the public, the disclosure risk of the parties’ non-public information is also eliminated. The scope of the confidentiality principle may have been determined in the arbitration agreement which concluded between the parties. However, the parties may have remained silent in terms of the scope of the confidentiality principle in the arbitration agreement that they...
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DEBTOR’S DEFAULT ON THE CONTINUOUS DEBT CONTRACT AND ITS CONSEQUENCES 1 October 2021
DEBTOR’S DEFAULT ON THE CONTINUOUS DEBT CONTRACT AND ITS CONSEQUENCES WHAT IS THE CONTINUOUS DEBT CONTRACT The concept of continuous debt requires repetitive behaviors for the fulfillment of the debt and the benefit of the debt’s beneficiary is also extended to this ongoing period. If one of the fundamental elements of a contract is a continuous debt then the contract in question is called “the continuous debt contract”. Examples of continuous debt contracts are contracts for services, tenant contracts and bailments contract.
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IS EMAIL CONSIDERED AS EVIDENCE? 17 September 2021
IS EMAIL CONSIDERED AS EVIDENCE? 1. WHAT IS EVIDENCE? According to the widest definition, evidence is a track or indication which leads someone to the truth that searched for. 2. TYPES OF EVIDENCE The Code of Civil Procedure No. 6100 (“CCP”) defines the evidence within the framework of the concept of documents. According to the relevant article of the law: "Data such as written or printed text, promissory notes, drawings, plans, sketches, photographs, films, images or sound recordings, data in electronic media and similar information carriers that are suitable for proving the facts of the dispute are documents according to this Law.’’
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VALIDITY CONDITIONS OF THE ARBITRATION AGREEMENT IN TURKISH LAW 14 September 2021
VALIDITY CONDITIONS OF THE ARBITRATION AGREEMENT IN TURKISH LAW 1. INTRODUCTION Arbitration is an alternative way to the public courts. The parties may decide arbitration proceedings with their mutual assent on existing disputes or disputes that may arise between themselves. This mutual assent might be for different purposes such as saving money and time. In order to achieve these purposes, a valid arbitration agreement is needed. In this article, we will examine the validity conditions of arbitration agreement in Turkish law.
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TAXATION ON THE YOUTUBE AND SOCIAL MEDIA INCOME 9 September 2021
TAXATION ON THE YOUTUBE AND SOCIAL MEDIA INCOME 1. INTRODUCTION Many new job opportunities are emerging today because of the developments in technology and the raised involvement of social media in human life. People may gain earnings by producing content on the social media platforms such as Youtube, Linkedin, Twitch, etc. It has not been clearly understood that whether these incomes earned on social media platforms will be taxed or not and if so how they will be taxed since earning gains on social media is a relatively new business area.
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VETO RIGHT ON THE CORPORATIONS 7 September 2021
VETO RIGHT ON THE CORPORATIONS WHAT IS THE VETO RIGHT? Veto right provides the power to restrain a decision to its holder. This right might belong to the one who has the authority to decide on a relevant issue or might belong to more than one person or everyone who has an influence on making the decision. The owner of the right may prevent the given decision by using its veto right, even if all the conditions for making a decision are met.
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UNCITRAL ARBITRATION RULES 3 September 2021
UNCITRAL ARBITRATION RULES What is the arbitration? Parties might determine the alternative solutions on the dispute between themselves. Arbitration is one of those alternative solutions. In that case, parties firmly solve their dispute between themselves by the arbitrators in the arbitration instead of local courts.
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