Turkish Law in EnglishTÜRKİYE
Enforcement and Bankruptcy Law No. 2004

Article 229

The bankruptcy administration shall collect the estate's receivables that have fallen due and shall, where necessary, initiate enforcement proceedings or bring actions for them.

Items which will lose value or whose safekeeping will be costly shall be sold without delay. Shares and goods having a price on the stock exchange or in the market may be converted into money immediately. Other property shall be sold only after the second meeting of creditors.

Property encumbered by a right of pledge is subject to the provision of Article 185.

IV. EXAMINATION OF CLAIMS AND DETERMINATION OF RANKS

Examination of asserted claims:

Original Turkish text

MADDE 229

İflas idaresi, masanın vadesi gelmiş alacaklarını tahsil ve lüzumunda takip veya dava eder.

Kıymeti düşecek yahut muhafazası masraflı olacak şeyler geciktirilmeksizin satılır. Borsa veya piyasada fiyatı bulunan esham ve eşya derhal paraya çevrilebilir. Sair mallar ancak ikinci alacaklılar toplanmasından sonra satılır.

Üzerinde rehin hakkı bulunan mallar 185 inci madde hükmüne tabidir.

IV. ALACAKLARIN TAHKİKİ VE SIRALARIN TAYİNİ

İddia edilen alacakların tetkiki:

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.