Turkish Law in EnglishTÜRKİYE
Enforcement and Bankruptcy Law No. 2004

Article 238

The bankruptcy administration shall submit to the meeting of creditors a detailed report on the course of the liquidation and on the state of the receivables and debts.

If the meeting of creditors wishes to retain the bankruptcy administration in office, it shall take the necessary decisions on this matter and on other matters it considers necessary for the interests of the estate.

Failure to constitute the quorum for the meeting and for decisions:

Original Turkish text

MADDE 238

İflas idaresi tasfiyenin cereyanı şekline ve alacaklarla borçların vaziyetine dair alacaklılar toplanmasına mufassal bir rapor verir.

Alacaklılar toplanması iflas idaresini vazifelerinde bırakmak isterse bu hususta ve masanın menfaati için zaruri gördüğü diğer hususlarda icap eden kararları verir.

Toplantı ve karar nisabının oluşmaması:

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.