The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)

In this article, the conclusions reached in the decision of the Assembly of the Civil Chambers identified as 19-1636/319, 19.3.2019) are discussed. The aim of this study is to create a balance between the rights of the holder of an annulment decision and the bill holder, considering the status of de...

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Main Author: Esra Cenkci
Format: Article
Language:English
Published: Istanbul University Press 2024-08-01
Series:İstanbul Hukuk Mecmuası
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/0022D987D60940D9AC4FC272374BD6EC
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author Esra Cenkci
author_facet Esra Cenkci
author_sort Esra Cenkci
collection DOAJ
description In this article, the conclusions reached in the decision of the Assembly of the Civil Chambers identified as 19-1636/319, 19.3.2019) are discussed. The aim of this study is to create a balance between the rights of the holder of an annulment decision and the bill holder, considering the status of debtor when a negotiable instrument is annulled. The Supreme Court of Appeals has decided in its previous precedents that a bill can be acquired in good faith even if it has been subjected to an annulment decision; however, the consequences of an annulment decision cannot be ignored, and it is necessary to determine who is the owner of the right arising from the bill in a case in which the bill holder and the holder of annulment decision are confronted, and afterward, the debtor can be held liable to pay to the person entitled as the right holder in this case. In this way, it has been tried to create a balance between the interests of the holder of an annulment decision, the bill holder, and the debtor by considering the effect of an annulment decision and the circulation purpose of negotiable instruments. In the decision subjected in this study, the balance was disturbed by ignoring the consequences of the annulment decision and giving priority to the acquisition of the check holder. On the other hand, an invoice for the disturbed balance was made out to the debtor by exposing him to the risk of paying twice.
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spelling doaj-art-b3f0639aeb6c491bb2adca3193e6d1552025-08-20T01:51:16ZengIstanbul University Pressİstanbul Hukuk Mecmuası2667-69742024-08-0182243947710.26650/mecmua.2024.82.2.0004123456The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)Esra Cenkci0https://orcid.org/0000-0001-5396-1591Akdeniz Üniversitesi, Antalya, TurkiyeIn this article, the conclusions reached in the decision of the Assembly of the Civil Chambers identified as 19-1636/319, 19.3.2019) are discussed. The aim of this study is to create a balance between the rights of the holder of an annulment decision and the bill holder, considering the status of debtor when a negotiable instrument is annulled. The Supreme Court of Appeals has decided in its previous precedents that a bill can be acquired in good faith even if it has been subjected to an annulment decision; however, the consequences of an annulment decision cannot be ignored, and it is necessary to determine who is the owner of the right arising from the bill in a case in which the bill holder and the holder of annulment decision are confronted, and afterward, the debtor can be held liable to pay to the person entitled as the right holder in this case. In this way, it has been tried to create a balance between the interests of the holder of an annulment decision, the bill holder, and the debtor by considering the effect of an annulment decision and the circulation purpose of negotiable instruments. In the decision subjected in this study, the balance was disturbed by ignoring the consequences of the annulment decision and giving priority to the acquisition of the check holder. On the other hand, an invoice for the disturbed balance was made out to the debtor by exposing him to the risk of paying twice.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/0022D987D60940D9AC4FC272374BD6ECnegotiable instrumentget lostannulment decisionholder in good faithdischarge
spellingShingle Esra Cenkci
The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
İstanbul Hukuk Mecmuası
negotiable instrument
get lost
annulment decision
holder in good faith
discharge
title The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
title_full The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
title_fullStr The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
title_full_unstemmed The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
title_short The Precedent Change of the Supreme Court of Appeals: The Punitive Effect of the Annulment of Negotiable Instruments on the Debtor (Upon the Decision of the Assembly of the Civil Chambers Identified As 19-1636/319, 19.3.2019)
title_sort precedent change of the supreme court of appeals the punitive effect of the annulment of negotiable instruments on the debtor upon the decision of the assembly of the civil chambers identified as 19 1636 319 19 3 2019
topic negotiable instrument
get lost
annulment decision
holder in good faith
discharge
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/0022D987D60940D9AC4FC272374BD6EC
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