Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market
There is a principal freedom of share transfer in joint stock companies where partners can leave the company only by transferring shares. According to this principle, partners can freely transfer their shares to anyone they want at any time without the need for permission or approval from any indivi...
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| Format: | Article |
| Language: | English |
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Istanbul University Press
2024-09-01
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| Series: | İstanbul Hukuk Mecmuası |
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| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E44B668206DE4A5FB9DC7265EEC804EB |
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| author | Hayri Bozgeyik Beşir Fatih Doğan Temel Güner |
| author_facet | Hayri Bozgeyik Beşir Fatih Doğan Temel Güner |
| author_sort | Hayri Bozgeyik |
| collection | DOAJ |
| description | There is a principal freedom of share transfer in joint stock companies where partners can leave the company only by transferring shares. According to this principle, partners can freely transfer their shares to anyone they want at any time without the need for permission or approval from any individual, organ, or institution. However, some exceptions have been made to this rule for joint stock companies operating in regulated markets, such as banking and insurance, and permission from the authority that regulates and supervises the market is required to transfer shares. In this context, the energy market is one of the markets whose share transfer is subject to the permission of the competent authority. To transfer shares in joint stock and limited companies operating in the energy market, permission from the Energy Market Regulatory Authority (EMRA) must be obtained. This paper examines the share transfer restrictions in companies operating in the energy market and the situations in which EMRA permission is required for share transfers. |
| format | Article |
| id | doaj-art-67aeefcfe6544d76926a2cedcaff01cd |
| institution | OA Journals |
| issn | 2667-6974 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | İstanbul Hukuk Mecmuası |
| spelling | doaj-art-67aeefcfe6544d76926a2cedcaff01cd2025-08-20T02:15:32ZengIstanbul University Pressİstanbul Hukuk Mecmuası2667-69742024-09-0182380983910.26650/mecmua.2024.82.3.0001123456Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy MarketHayri Bozgeyik0Beşir Fatih Doğan1https://orcid.org/0000-0003-3683-7171Temel Güner2https://orcid.org/0000-0002-0446-9856Ankara Yıldırım Beyazıt Üniversitesi, Ankara, TurkiyeHacettepe Üniversitesi, Ankara, TurkiyeHacettepe Üniversitesi, Ankara, TurkiyeThere is a principal freedom of share transfer in joint stock companies where partners can leave the company only by transferring shares. According to this principle, partners can freely transfer their shares to anyone they want at any time without the need for permission or approval from any individual, organ, or institution. However, some exceptions have been made to this rule for joint stock companies operating in regulated markets, such as banking and insurance, and permission from the authority that regulates and supervises the market is required to transfer shares. In this context, the energy market is one of the markets whose share transfer is subject to the permission of the competent authority. To transfer shares in joint stock and limited companies operating in the energy market, permission from the Energy Market Regulatory Authority (EMRA) must be obtained. This paper examines the share transfer restrictions in companies operating in the energy market and the situations in which EMRA permission is required for share transfers.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E44B668206DE4A5FB9DC7265EEC804EBjoint stock companyshare transfershare transfer restrictionenergy marketpermission of the energy market regulatory authority |
| spellingShingle | Hayri Bozgeyik Beşir Fatih Doğan Temel Güner Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market İstanbul Hukuk Mecmuası joint stock company share transfer share transfer restriction energy market permission of the energy market regulatory authority |
| title | Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market |
| title_full | Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market |
| title_fullStr | Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market |
| title_full_unstemmed | Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market |
| title_short | Share Transfer Limitations for Joint Stock Companies and Companies in Regulated Sectors With a Special Focus on the Energy Market |
| title_sort | share transfer limitations for joint stock companies and companies in regulated sectors with a special focus on the energy market |
| topic | joint stock company share transfer share transfer restriction energy market permission of the energy market regulatory authority |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E44B668206DE4A5FB9DC7265EEC804EB |
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