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How Should a Website Be According to the New Turkish Commercial Code?

How Should a Website Be According to the New Turkish Commercial Code?

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Articles where the word Internet is mentioned in the Law:

ARTICLE 6- The second paragraph of Article 39 of Law No. 6102 has been changed as follows.

“(2) The registered trade name shall be written legibly in a visible place of the commercial enterprise. The merchant's registration number, trade name, headquarters of his enterprise and, if the merchant is subject to the obligation to create a website, the address of the registered website shall also be shown on the commercial letters issued by the merchant regarding his enterprise and on the documents on which the entries made in the commercial books are based. All this information is also published on the company's website. In addition, the names and surnames of the chairman and members of the board of directors and the committed and paid capital amount in joint stock companies, the names and surnames of the managers and the committed and paid capital amount in limited liability companies, and the names and surnames of the managers and the committed and paid capital amount in limited partnerships whose capital is divided into shares are published on this site.”

ARTICLE 12- The second paragraph of Article 157 of Law No. 6102 has been changed as follows and the third paragraph has been repealed.

“(2) The companies participating in the merger; notify their creditors of their rights with an announcement to be made three times at seven-day intervals in the Turkish Trade Registry Gazette and also with an announcement to be placed on their websites.”

(12) Members of the management body of companies that do not create the website stipulated in Article 1524 shall be punished with a judicial fine from one hundred days to three hundred days, and the perpetrators listed in this paragraph who do not duly place the content required to be placed on the website pursuant to the same article shall be punished with a judicial fine of up to one hundred days.

ARTICLE 34- Article 1524 of Law No. 6102 has been changed as follows:

“ARTICLE 1524- (1) Capital companies subject to audit pursuant to the fourth paragraph of Article 397 are obliged to open a website within three months from the date of registration of their establishment in the trade registry and to allocate a certain part of this site to the publication of announcements required to be made by law by the company.”

(2) Failure to comply with the obligations stipulated in the first paragraph constitutes grounds for the annulment of the relevant decisions, leads to all consequences of illegality and causes the liability of the managers and board members who are at fault. Criminal provisions are reserved.

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