How General Meeting Invitation is done in Limited Companies?
1- General Assembly is invited to the meeting by administers. General meeting in Limited companies is done within three months after the end of financial year. General meeting is done according to the company’s agreement and if it is necessary.
2- General Assembly is invited to the meeting at least fifteen days before. Duration can be more or less according to the peculiar company agreement.
3- Invitation to meeting, minority’s right to have invitation and suggestion, agenda, general assembly without invitation, provisions on meeting of corporates without invitation are applied by comparison. Each shareholder has the right to make he/she represent.
4- Decisions of general assembly can be given by having every members written consent to one of the member’s suggestion. It is a must that same decision as to be presented to the consent of every member.
Source: Turkish Trade Law
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
