Where the objects clause of the tenderer's articles of association does not cover the subject matter of the tender

Case / decision no:

2015/2183 / 2015/1393

Decision date:

12 February 2023

Court:

Danıştay

Case number:

2015/2183

Law No 6102 abolished the ultra vires principle; provisions in the articles of association of companies formed under the repealed Turkish Commercial Code No 6762 restricting the company to the objects stated in those articles are deemed not to have been written, so that companies may also operate outside the objects stated in their articles.