The representative body being stock company legal administration it puts important functions into practice in terms of the company

The fairness principle, risk distribution and compensation of losses are thecomponents of responsibility law, which is one the significant proponents ofprivate law. This is especially true when the responsibility caused by theinability of debt payment results from outstanding public debt, and itbecomes a public concern.In stock company law, the responsibilities of the board members have been anissue both in German, Swiss and Turkish law. The responsibility of the board forpublic debts is an extremely important and common topic of civil law,commercial law and tax law.The representative body being stock company legal administration it putsimportant functions into practice in terms of the company. The board is a body thatconstantly functions and consists of company shareholders. The board isentitled to the representation and administration of the company frominstitutional identity while it is in existence, and even to a certaindegree the dissolution of the company. Therefore, the board, which isresponsible for every activity related to the administration andrepresentation of the company, is also responsible for the recovery ofpublic debts. It is of the utmost importance to define the limitations andscope of this responsibility especially in solving the problems occurring atthe application stage.In terms of both doctrine and implementation, the topic of this thesis isthe responsibility of the board members concerning public debt. In thisstudy, Turkish commercial law and debt law, some assessments will be made inthe scope of the laws related to charging public debts and taxation. Thefollowing topics will be primarily analyzed and discussed: the concept ofthe representative body, the status of the main board, the acquisition ofthis body, and the reasons for the responsibility of board members and theindividual members for unrecoverable public debt.