Position of the Shareholders of a Debarred Company

The partnership companies in which a company shareholder against whom a debarment decision has been issued is a partner, and the capital companies in which such a shareholder holds more than half of the capital, may not participate in the tenders of contracting authorities within the scope of Law No. 4734 for as long as the debarment decision remains in force, under Article 11 of Law No. 4734.