Request For Amendments To Some Provisions Of The Foundation

Statute of Limitations in Actions for the Cancellation of Dispositions In actions for the cancellation of dispositions, there is a statute of limitations, not a period of prescription. According to Article 278 et seq. of the Turkish Code of Obligations (İİK), the nullification of dispositions made by the debtor “without consideration” or “in a state […]

Precautionary Attachment Order Provisional Attachment Order (TCC 257) Provisional attachment is the temporary seizure of the debtor’s property by court order to ensure the timely payment of the creditor’s due monetary claim. Provisional attachment may be carried out before a lawsuit is filed or enforcement proceedings are initiated. If the creditor is concerned that the […]

Provisional Attachment Order 2 COMPLEMENTARY PROCEDURE FOR PROVISIONAL ATTACHMENT (FINALIZATION) The creditor must carry out the supplementary ceremony in order to convert the provisionally seized assets into final seizure and thereby obtain the authority to request their sale. The creditor must initiate proceedings against the debtor or file a claim within 7 days of the […]

Objection To The Precautionary Attachment A provisional attachment order is a type of temporary legal protection aimed at ensuring that the creditor receives their claim. When a provisional attachment order is issued, the debtor’s assets are temporarily seized. The court may issue a provisional attachment order at the creditor’s request. When deciding on provisional attachment, […]

3. Competent and Authorized Court for Objecting to Provisional Attachment Objections to a provisional attachment decision must be made to the court that issued the provisional attachment decision. The review must also be conducted by the same court and in a hearing. The Supreme Court decisions below emphasize these points: “According to the Izmir 1st […]