Current Discussions in Transfer of the Enterprise (Within the Scope of Turkish Code of Obligations n. 6098)


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Akay M. H. , Aydın S.

İSTANBUL MEDİPOL ÜNİVERSİTESİ HUKUK FAKÜLTESİ DERGİSİ, vol.1, no.1, pp.163-178, 2014 (National Refreed University Journal)

  • Publication Type: Article / Discussion
  • Volume: 1 Issue: 1
  • Publication Date: 2014
  • Title of Journal : İSTANBUL MEDİPOL ÜNİVERSİTESİ HUKUK FAKÜLTESİ DERGİSİ
  • Page Numbers: pp.163-178

Abstract

The provision of the new Turkish Commercial Code (no.6102), contrarily to the Turkish Commercial Code no. 6762, regulates that, all assets of the commercial enterprise are transferred with one single transaction. Before the amendement, Article 179 of the Turkish Code of Obligations stipulates the complete succession principle only for debts of the enterprise. With the new regulation this principle of complete succession is recognized for the transfer of the enterprise’s assets. In this article, these amendements and the controversial issues will be adressed.