
Dismissal From Partnership In Limited Liability Companies
WITHDRAWAL FROM PARTNERSHIP IN LIMITED LIABILITY COMPANIES
With this article, it is analyzed whether the limited liability companies regulated under the Turkish Commercial Code No. 6102 (“TCC”)
the institution of dismissal from the partnership and accordingly, the shareholder whose partnership right is terminated
The principles and procedures regarding the separation fund will be briefly mentioned.
A. WITHDRAWAL FROM THE PARTNERSHIP
In the TCC, dismissal from the partnership is defined as the provision that enables a partner to leave the partnership against his/her own will.
is defined. The dismissal of a shareholder from the partnership is basically based on the reasons stipulated in the articles of association
based on or in the presence of a justifiable reason. However, under the TCC, merger, dominance
unlawful use and non-performance of capital obligations by limited liability company shareholders.
It also makes it possible to be removed from the partnership in such cases.
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