| Application to the court for the expulsion of a shareholder for justified reasons and expulsion of a shareholder for the reason stipulated in the company agreement |
The condition of the presence of at least 2/3 of the represented votes and the simple majority of all the share capital entitled to vote, and decisions are taken with the same quorum. |
| Liquidation of the company |
The condition of the presence of at least 2/3 of the represented votes and the simple majority of all the share capital entitled to vote, and decisions are taken with the same quorum. |
| If the law requires an aggravated quorum for the adoption of certain resolutions, resolutions regarding the provisions of the company agreement that will further aggravate this quorum (Turkish Commercial Code. Article 619/2) |
However, it may be taken by the majority to be stipulated in the company agreement. |
| Capital reduction (Turkish Commercial Code 592,473/3,421/3) |
The shareholders of the shares constituting at least 75% of the capital or their representatives must vote in favour. |
| AMENDMENT OF THE COMPANY AGREEMENT -
(GENERAL RULE - Article 589 of the Turkish Commercial Code) |
Unless otherwise stipulated in the company agreement, it may be amended by the decision of the shareholders representing 2/3 of the share capital (Article 621 of the Turkish Commercial Code is reserved). |
| Resolutions of the general assembly regarding amendments to contracts that foresee additional or ancillary obligations, or amendments that increase such existing obligations (Turkish Commercial Code, Article 607) |
It can be obtained with the approval of all relevant partners. |
| Decision regarding the addition of a provision for expulsion from partnership to the articles of association. |
It is taken with 100% participation of the votes represented. |
