Article 5 of the Cheque Law contains provisions regarding the prohibition on issuing checks and opening check accounts in cases where a check is declared dishonored. According to this provision, upon complaint by the holder, a judicial fine shall be imposed on the issuer of the dishonored check. In addition, the court shall impose a prohibition on issuing checks and opening a check account, in addition to the judicial fine. If these prohibitions are already in place, the court shall rule that the prohibition shall continue.
WHO IS SUBJECT TO THE PROHIBITION ON ISSUING CHECKS AND OPENING A CHECK ACCOUNT?
o The real or legal person who is the holder of the check account,
o Those who issue checks on behalf of this legal person,
o In the event that the dishonored check is issued on behalf of a capital company, the management body,
o Company officials registered in the commercial register.
Furthermore, those subject to a prohibition on issuing checks and opening check accounts may not serve on the management bodies of capital companies during the period of prohibition. However, the current membership of those subject to a prohibition decision will continue until the end of their term of office.