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council? If a member of the new generation who became a sharehold-

er after a marriage ends in divorce, can the bride or groom acquire the

shares of the company? Can these shares be sold to your competitor?

When the grandfather passes away, who should be the new leader - the

uncle or the aunt? You are the leader - who should be the next? When

you need access to funds as a shareholder, should you be able to with-

draw cash from the company or resolve on advance dividends?You fell

away from your beloved family because the business has now overtak-

en the family: Can you request the dissolution of the company to solve

the problem? Are you entitled to request a company vehicle even

though you do not hold any position in the company? You do not hold

any position in the company, but you would like to visit the company

from time to time – are you allowed to enter the company grounds?

Can you offer your shares to the public? Your nephew, whom you

appointed as financial manager after his graduation, acted disrespect-

fully to you. Can you fire him or squeeze him out of the company?You

are a shareholder who is unhappy with the general situation of the

company, can you dismiss your uncle who is the chairman of the

board? Can you request that the company be audited? You have not

been receiving any dividends since the general assembly meeting has

not convened for quite some time, and you find that your earnings from

the company are less than satisfactory, can you invite the shareholders

to convene a general assembly meeting? The value of the factory has

increased substantially, or has not increased enough as per another’s

view - who decides on the sale price? You think that the center of the

company must be moved to Istanbul, but some members object to this:

Can you establish a new company in Istanbul on your own? The fami-

ly company is managed by a few family members, and the others

would like to create their own businesses. How should the salary and

dividend policy be established? The members who pursue their own

businesses are very busy, and they cannot come to the company head-

quarters. Can you convene the general assembly meeting online? You

are the bride who will become a new member of the family, and when

your love is at its peak, you are urged to sign a marriage contract: Do

you have to sign it? What if this were a divorce contract?You have suf-

fered a lot because of your family business, and you cannot decide on

the distribution of the estate, is a court case inevitable? Have you con-

sidered the costs of such a case, and compared it with that of a settle-

COMMERCIAL LAW

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