JOINT STOCK COMPANY: BOARD OF DIRECTORS The Board of Directors is responsible for the management and representation of the joint stock company. As mentioned earlier, there is no hierarchical relationship between the general assembly and the board of directors within the scope of the TCC. The most important distinction to be made between the two bodies comes about responsibility; because the members of the board of directors are responsible to the company for their work and actions, and the company is responsible for the work and actions done by the members of the general assembly. For this reason, while the General Assembly is the “irresponsibility” body, the board of directors can be evaluated as a “responsibility” body with a dual distinction. The joint stock company has a board of directors consisting of one or more persons appointed by the articles of association or elected by the general assembly. If a legal person is elected as a member of the board of directors, only one real person, determined by the legal person, is registered and announced on behalf of the legal person, together with the legal person; In addition, the registration and announcement is immediately announced on the company's website. The joint stock company has a board of directors consisting of one or more persons appointed by the articles of association or elected by the general assembly. REQUIREMENTS TO BE A MEMBER OF THE BOARD OF DIRECTORS - It does not have to be selected among shareholders. You can also be a member of the board of directors. - Must have full license to bear authority and responsibility. - It does not have to be a Turkish citizen. Foreign nationals can also be members of the board. - there is no obligation to reside in Turkey. - There should be no obstacles to be elected. - He must not have gone bankrupt, - There should not be anyone convicted for theft, fines, fraud crimes. - There should be no auditor in the same company THE ASSIGNED AND AUTHORIZED DUTIES AND POWERS OF THE BOARD OF DIRECTORS OF THE JOINT STOCK COMPANY (1) The non-transferable and indispensable duties and powers of the Board of Directors are as follows: a) Top management of the company and giving instructions about them. b) Determination of the company management organization. c) Establishing the necessary order for financial planning to the extent required by accounting, financial control and management of the company. d) Appointment and dismissal of managers and persons with the same function and those who have signing authority. e) Supervision of whether the persons in charge of management act in accordance with the laws, articles of association, internal directives and written instructions of the board of directors. f) Keeping the share, board of directors' decision and general assembly meeting and negotiation books, preparing the annual activity report and corporate governance statement and presenting it to the general assembly, preparing general assembly meetings and executing general assembly decisions. g) Notification of the court in the presence of the debt of the debt.
