Post by account_disabled on Mar 14, 2024 5:01:19 GMT
The to distribute from the free reserve funds even though there has been a loss during the accounting period all payments regarding the unpaid portion It will be postponed until the end of . . No interest will be accrued on deferred payments. In addition if the general assembly has authorized the management body to distribute advance dividends advance payments within this scope will be postponed until the end of . . At this point it can be seen that the scope of the regulation to postpone.
The payment of the unpaid profit despite the distribution decision has been taken with the Communiqu subject of this Announcement has been expanded compared to the legal regulation. Provisional article of B TO B Database the Turkish Commercial Code. The article states that only the portion of the profit distribution payments for the profit for which distribution decisions were made at the general assemblies held before . will be postponed . On the other hand with the Communiqu although the distribution decision was taken by the general assembly before . the profits of the years before which were followed as free reserves in the records were also included in the scope of the regulation to postpone the payment of unpaid profits.
In the wording of the law the phrase If the general assembly has decided to distribute dividends for the accounting period but the payment has not been made to the shareholders yet or if a partial payment has been made only mentions the profit for the accounting period so the previous years were not included in the general assembly meetings held before the enforcement of the Law. If a decision has been made to distribute the profits related to the years before the year it can be argued that this decision is not within the scope of the limitation and therefore the entirety can be distributedpaid.
The payment of the unpaid profit despite the distribution decision has been taken with the Communiqu subject of this Announcement has been expanded compared to the legal regulation. Provisional article of B TO B Database the Turkish Commercial Code. The article states that only the portion of the profit distribution payments for the profit for which distribution decisions were made at the general assemblies held before . will be postponed . On the other hand with the Communiqu although the distribution decision was taken by the general assembly before . the profits of the years before which were followed as free reserves in the records were also included in the scope of the regulation to postpone the payment of unpaid profits.
In the wording of the law the phrase If the general assembly has decided to distribute dividends for the accounting period but the payment has not been made to the shareholders yet or if a partial payment has been made only mentions the profit for the accounting period so the previous years were not included in the general assembly meetings held before the enforcement of the Law. If a decision has been made to distribute the profits related to the years before the year it can be argued that this decision is not within the scope of the limitation and therefore the entirety can be distributedpaid.