Termination of the tender in enforcement and bankruptcy law

The termination of the tender, which is regulated under Article 134 of the Enforcement and Bankruptcy Code, is an institution to render the auction sale ineffective within the scope of enforcement and bankruptcy law. However, the reasons for termination are not clearly listed in the Execution and Bankruptcy Code, but develop with the legal doctrine and the practice of the Court of Cassation. The reasons for termination of the tender are not subject to automatic inspection and a termination of the tender proceeding must be initiated upon request. The amendments made by Law No. 7343 affect not only the reasons of the termination of the tender, but also termination of the tender proceedings.