TÜRKÇE

Liability of shareholders

Shareholders are solely responsible to the company and their responsibilities are limited by the shares they have subscribed to except for the public receivables such as tax or social security premium receivables. In accordance with the "Law on the Procedure for the Collection of Public Receivables”, the shareholders of joint stock companies are directly responsible for public receivables which may not be collected from the company in proportion to their capital share and be subject to legal proceeding as per the provisions of this law. 

 
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