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Amendments Made in the New Turkish Commercial

Code with the Law No. 6335

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Prof. Dr. H. Ercument Erdem

The New Turkish Commercial Code (“New TCC”) entered into

force on July 1st, 2012. The Law on the Amendment of the Turkish

Commercial Code and Law on the Entry into Force and Application of

the Turkish Commercial Code numbered 6335 (“Law no. 6335”) is

promulgated by the Turkish Grand National Assembly on June 26,

2012 and published in the Official Gazette on June 30, 2012. In this

article, we shall analyze the significant amendments made in the New

TCC by Law no. 6335.

Requirement to Use a Trade Name

Article 39 of the New TCC which regulates the requirement to use

a trade name is among the articles amended by Law no. 6335. Prior to

the amendment, the second paragraph of the relevant article used to

regulate that the registry number, trade name, registered office, the sub-

scribed and paid-in capital for equity companies, the internet address

and number of the webpage of the merchant shall be indicated in all

papers and documents used in relation to the enterprise of the mer-

chant. Additionally, with regards to joint stock companies, limited lia-

bility companies and limited partnerships divided into shares, the

names and surnames of the chairman and members of the board of

directors, directors and managers should have been indicated. With the

amendments made with Law no. 6335, the expression of “all papers

and documents” is clarified as “commercial letters drafted in relation

to the enterprise of the merchant and the documents on which the reg-

istrations to commercial ledgers are based”. Furthermore, the informa-

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Article of July 2012