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Obligations of Companies

According to Article 13 of the Regulation, companies that apply

the system of attending to general assembly meeting via electronic

means and voting system have several obligations. In this framework,

companies shall detect and register whether the system is convenient

with this Regulation and TCC. Moreover, companies shall keep all

records and ID’s of the participants who attend general assembly via

electronic means for a period of ten years.

Conclusion

This Regulation stipulates principles regarding attending to the

general assembly via electronic means, giving opinion and voting. It

could be mentioned that the TCC brings several innovations related to

business life and one of them is making general assembly meeting via

electronic means. It is much easier to supply shareholders’ participa-

tion in companies’ administrative part by answering today’s world

technological requirements by the current provisions.

COMMERCIAL LAW

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