Protection of the interests of the minority shareholders in the group of companies

The group of companies, which has been legalized in Turkish law with the Turkish Commercial Code (TCC) numbered 6102, is a multi-structure in which more than one company and therefore interest groups come together. Considering the multi-interest structure of the group, the legislator has regulated the issues related to the group of companies with some special provisions, departing from the general provisions. Although special provisions regarding the responsibilities of the group of companies have been envisaged and the shareholders have been granted certain rights of demand to protect their interests in accordance with the special provisions when their interests are violated, no special provisions have been stipulated for the minority shareholders in the group of companies, and the interests of the minority shareholders are also subject to the general provisions regardless of being a member of the group of companies or not. For this reason, in our thesis, firstly, minority rights envisaged in the TCC are examined. After scrutinization of the minority shareholder rights, the interest groups within the group of companies and the minority shareholders' interests forming one of these groups will be addressed, and finally, whether the provisions envisaged for the group of companies are effective in terms of protecting the interests of minority shareholders will be explained by referring doctrinal views.