TÜRKÇE

Other provisions

Special audit that may be requested by the subsidiary's shareholders

If the auditor, special auditor or early risk detection committee have provided an opinion stating the existence of fraud and conspiracy in the subsidiary's relationship with the parent company or with another group company, each shareholder of the subsidiary may request the assignment of a special auditor from the commercial court of the first instance at the location of the company's headquarters for the purpose of clarifying this matter.

Right to purchase the shares of minority

If the parent company, directly or indirectly, holds at least ninety percent of shares and voting rights in a subsidiary and if the minority prevents the company from running its business, does not act in good faith, creates obvious trouble or behaves in a reckless manner, the parent company may purchase the shares of the minority at stock exchange value, if any, or at the value determined in accordance with the appropriate method proposed by the new TCC.

Responsibility arising from trust

In cases where the parent company reaches a level where its group reputation inspires confidence to community or consumer, the parent company will be liable for the confidence created by the use of its reputation.



 
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