DISCOUNT IN LIMITED COMPANIES
With this article, the limited companies that are regulated in the Turkish Commercial Code No. 6102
the institution of expulsion from the partnership and, accordingly, the share gained by the partner whose partnership right has ended.
The procedures and principles regarding the separation fund will be briefly mentioned.
A. DISCOUNT
Exclusion from the partnership is defined in the Turkish Commercial Code as ensuring that a partner leaves the partnership against his/her own will.
has been defined. The expulsion of the partner from the partnership is basically due to the reasons stipulated in the articles of association.
It is possible on the basis of or in the presence of a justifiable reason. However, the Turkish Commercial Code, merger, dominance
unlawful use and limited liability company partners’ failure to fulfill their capital debt.
cases, it makes it possible to be expelled from the partnership.
