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The reserves referred to in paragraph 2, item 2) of this Article may not exceed 10% of the share capital after the capital discount was carried out. book value of shares of all stockholders of the related class of stocks.
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A common meeting is convened by sending a written invitation to every firm member to the member’s tackle from the data of data on firm members, and the invitation is considered served on the day the registered mail is shipped by post, except one other manner for inviting is prescribed by the memorandum of association or the company member has consented in writing to a unique mode of inviting. The deadline from paragraph 2 of this Article shall be set by the court docket taking into account the company's monetary state of affairs and anticipated earnings of the corporate in odd course of enterprise, the place such deadline could not exceed two years from the day the judgment turns into last, unless turkish lawyer an extended deadline is envisaged by the memorandum of affiliation, however not longer than 5 years. The determination on the reduction of share capital that was adopted opposite to the precept of equal treatment is null and void. 4) Establishing of a pledge in favor of the withdrawing firm member on the corporate's own share from merchandise 1) of this paragraph, if the plaintiff so requested and if the courtroom finds it needed and justifiable for the purpose of securing the fee of compensation from item 2) of this paragraph. The share of a member of the corporate that has withdrawn from the corporate becomes company’s personal share even with out passing a choice on buying its personal share, in proportion to the paid, i.e. The equal treatment of stockholders referred to in paragraph 1 of this Article is secured via a proportionate withdrawal and cancellation of shares of all stockholders of the related class of stocks, or by a proportionate reduction of par worth, i.e. not entered contribution, the corporate's share capital is reduced, making use of the provisions of Article 147a of this Act. 2) Creates or will increase the reserves for overlaying future losses of the company or for growing the share capital out of the company's web assets. entered contribution, whereas for the quantity of unpaid i.e.

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