{"id":18981,"date":"2018-06-05T08:08:54","date_gmt":"2018-06-05T08:08:54","guid":{"rendered":"https:\/\/v3.aysegulzengin.av.tr\/?p=18981"},"modified":"2023-11-02T13:30:32","modified_gmt":"2023-11-02T13:30:32","slug":"imtiyazli-pay","status":"publish","type":"post","link":"https:\/\/aysegulzengin.av.tr\/tr\/imtiyazli-pay\/","title":{"rendered":"\u0130mtiyazl\u0131 Pay"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"18981\" class=\"elementor elementor-18981\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c357c25 elementor-section-boxed elementor-section-height-default elementor-section-height-default sc_fly_static\" data-id=\"4c357c25\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c780bf7 sc_inner_width_none sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"3c780bf7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-180270c4 sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"180270c4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p><span class=\"trx_addons_dropcap trx_addons_dropcap_style_2\">\u0130<\/span><\/p>\n<p>mtiyazl\u0131 pay, daha \u00e7ok sermayesini art\u0131rmak isteyen anonim \u015firketler i\u00e7in tercih edilen bir d\u00fczenleme iken startup hukuku i\u00e7in de ayr\u0131 bir \u00f6neme sahiptir. Giri\u015fimlere sermaye deste\u011fi sa\u011flayan yat\u0131r\u0131mc\u0131lar, kar pay\u0131, tasfiye pay\u0131 ya da \u015firketin idaresi noktas\u0131nda bir tak\u0131m ayr\u0131cal\u0131klar beklemekte ve yat\u0131r\u0131mc\u0131lar\u0131n bu beklentisinin kar\u015f\u0131l\u0131\u011f\u0131n\u0131 T\u00fcrk Ticaret Kanunu&#8217; nda d\u00fczenlenen imtiyazl\u0131 pay kavram\u0131 vermektedir. Bilinirli\u011fi \u00e7ok olmayan imtiyazl\u0131 pay konusu, \u00f6zellikle startuplar i\u00e7in, kapsam ve s\u0131n\u0131rlar\u0131 do\u011fru belirlendi\u011fi \u00f6l\u00e7\u00fcde, yat\u0131r\u0131mc\u0131 ili\u015fkilerinde kilit \u00f6neme sahip bir konudur.<\/p>\n<p>\u00d6ncelikle a\u00e7\u0131\u011fa kavu\u015fturmak gerekir ki, burada sa\u011flanan imtiyaz yani ayr\u0131cal\u0131k, \u015fahsa de\u011fil paya verilmektedir. Mevcut bir pay ya da pay grubuna imtiyaz sa\u011flanmas\u0131 m\u00fcmk\u00fcn iken yeni bir pay \u00e7\u0131kar\u0131larak imtiyaz sa\u011flanmas\u0131 da m\u00fcmk\u00fcnd\u00fcr. Ancak her halde imtiyazl\u0131 pay verilmesi ancak ve ancak esas s\u00f6zle\u015fme de\u011fi\u015fikli\u011fi ile m\u00fcmk\u00fcnd\u00fcr.\u00a0 \u015eirket esas s\u00f6zle\u015fmesinde verilen imtiyaz\u0131n konusu ve \u015fartlar\u0131 a\u00e7\u0131k\u00e7a belirtilmelidir.<\/p>\n<p>\u0130mtiyazl\u0131 pay \u00e7\u0131kar\u0131lmas\u0131 ya da mevcut bir paya imtiyaz sa\u011flanmas\u0131 i\u00e7in yap\u0131lacak \u015firket esas s\u00f6zle\u015fme de\u011fi\u015fikli\u011finde, a\u011f\u0131rla\u015ft\u0131r\u0131lm\u0131\u015f oy oran\u0131 aranmaktad\u0131r. Bu oran, anonim \u015firketlerde, mevcut sermayenin %75 i oran\u0131nda olumlu oy, limited \u015firketlerde ise genel kurulu temsil eden oyun en az 2\/3 sinin toplant\u0131ya kat\u0131l\u0131m\u0131 ve oy hakk\u0131 bulunan esas sermaye \u00e7o\u011funlu\u011funun olumlu oyudur.<\/p>\n<p>\u0130mtiyaz\u0131n konusu, pay sahipleri aras\u0131ndaki anla\u015fmaya ba\u011fl\u0131 olarak de\u011fi\u015febilir.\u00a0 En \u00e7ok tercih edilen imtiyaz konusu, kar pay\u0131nda imtiyazd\u0131r. Kar pay\u0131nda imtiyaz ile, imtiyazl\u0131 pay sahibinin kar pay\u0131 da\u011f\u0131t\u0131m\u0131nda di\u011fer pay sahiplerine oranla daha b\u00fcy\u00fck oranda kar pay\u0131 almas\u0131 sa\u011flanabilir. \u015eirketin iflas\u0131 halinde yap\u0131lacak tasfiye i\u015fleminden sonra \u015firket ortaklar\u0131na da\u011f\u0131t\u0131lacak tasfiye pay\u0131 art\u0131\u011f\u0131ndan imtiyazl\u0131 pay\u0131n daha b\u00fcy\u00fck oranda pay almas\u0131 da yine ba\u015fka bir imtiyaz konusudur.<\/p>\n<p>\u0130mtiyazl\u0131 pay, kar ve zarar da\u011f\u0131t\u0131m\u0131n\u0131n yan\u0131nda \u015firket y\u00f6netiminde de pay sahibine ayr\u0131cal\u0131k tan\u0131yabilir. imtiyazl\u0131 paya, genel kurulda imtiyazl\u0131 oy hakk\u0131 sa\u011flanabilir. Oyda imtiyaz, e\u015fit de\u011ferdeki paylara farkl\u0131 say\u0131da oy hakk\u0131 verilerek sa\u011flanmaktad\u0131r. Ancak T\u00fcrk Ticaret Kanunu&#8217;na g\u00f6re, bir paya en \u00e7ok 15 oy hakk\u0131 tan\u0131nabilir. Bu d\u00fczenlemeye \u00f6zellikle aile \u015firketlerinin kurumsalla\u015fmas\u0131 i\u00e7in istisna getirilmi\u015f ve kurumsalla\u015fman\u0131n mahkeme karar\u0131 ile kan\u0131tlanmas\u0131 \u015fart\u0131 ile 15 oydan fazla oy hakk\u0131 verilmesi yolu a\u00e7\u0131lm\u0131\u015ft\u0131r. Esas s\u00f6zle\u015fme de\u011fi\u015fikli\u011fi veya ibra ve sorumluluk davas\u0131 a\u00e7\u0131lmas\u0131 hallerinde ise oyda imtiyaz hakk\u0131 kullan\u0131lamaz. Yine y\u00f6netim kurulunda temsilde imtiyaz da bir ba\u015fka imtiyaz konusudur. Ancak \u00f6nemle belirtmek gerekir, imtiyazl\u0131 paylara genel kurul veya y\u00f6netim kurulunda oyda imtiyaz\u0131n d\u0131\u015f\u0131nda, y\u00f6netime dair ba\u015fka herhangi bir imtiyaz sa\u011flanamaz.<\/p>\n<p>\u0130mtiyazl\u0131 pay\u0131n verilmesinden sonra \u00e7\u0131kar\u0131lacak di\u011fer paylarda \u00f6n al\u0131m hakk\u0131 sa\u011flanmas\u0131 ya da faiz al\u0131m\u0131nda \u00f6ncelik verilmesi de imtiyazl\u0131 paylara sa\u011flanabilecek di\u011fer ayr\u0131cal\u0131klard\u0131r. T\u00fcm bu ayr\u0131cal\u0131klar i\u00e7in \u00f6ncelikli ko\u015ful, yukar\u0131da da bahsetti\u011fimiz gibi, \u015firket esas s\u00f6zle\u015fmesinde konu ve \u015fartlar\u0131n\u0131n a\u00e7\u0131k\u00e7a belirtilmesi ve esas s\u00f6zle\u015fme de\u011fi\u015fikli\u011finin usul\u00fcne uygun olarak yap\u0131lmas\u0131d\u0131r.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u0130 mtiyazl\u0131 pay, daha \u00e7ok sermayesini art\u0131rmak isteyen anonim \u015firketler i\u00e7in tercih edilen bir d\u00fczenleme iken startup hukuku i\u00e7in de ayr\u0131 bir \u00f6neme sahiptir. Giri\u015fimlere sermaye deste\u011fi sa\u011flayan yat\u0131r\u0131mc\u0131lar, kar&hellip;<\/p>\n","protected":false},"author":1,"featured_media":19121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[189],"tags":[],"class_list":["post-18981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-makaleler"],"_links":{"self":[{"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/posts\/18981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/comments?post=18981"}],"version-history":[{"count":5,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/posts\/18981\/revisions"}],"predecessor-version":[{"id":19123,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/posts\/18981\/revisions\/19123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/media\/19121"}],"wp:attachment":[{"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/media?parent=18981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/categories?post=18981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aysegulzengin.av.tr\/tr\/wp-json\/wp\/v2\/tags?post=18981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}