Right to information and inspection of board directors of joint-stock company

Article 392 of Turkish Commercial Code No. 6102 regulates the right of the members of the board directors to obtain information and inspection. This right is essential to fulfill the duties of the members of the board directors and for the liability provisions to which they are subject. Although it is regulated in the Turkish Commercial Code that the right may be exercised during and outside the meeting, it is accepted that the members also have the right in the pre-meeting process. The right to obtain information and inspection is an individual right granted to each member of the board directors and it is not possible to remove or limit this right. According to Art. 392/6, the decision to reject the member's request for information can be discussed by the board of directors and it can be filed the lawsuit against the negative decision of the board directors. Key Words Join-Stock Company, Board Directors, Members of the Board Directors, Right to Information and Inspection, Obtain Information, Information Request