Protection of the pledge creditor within the scope of the pledge of movables in commercial transactions

From the past to our day, the condition that the pledge of movables depends on delivery has aroused significiant problems in terms of economic activities and trade life of the creditor. Therefore, Law No 1447 of the Undertaking Pledge came into force in 1971. However, because of the reason that this law did not arouse the expected effect, The Code on The Pledge of Movables in Commercial Transactions came into force in 1st. January, 2017. This thesis consists of three chapters titled as "Protection of The Pledge Creditor within the scope of The Pledge of Movables in Commercial Transactions". In the first chapter, the pledge of movables has been defined according to the TMK in general. In the second chapter, the pledge of movables and the pledge creditors have been mentioned in general and when it comes to the last chapter, the autorithy of the creditors has been mentioned according to TRK.