{"id":61651,"date":"2023-12-04T11:22:56","date_gmt":"2023-12-04T02:22:56","guid":{"rendered":"https:\/\/monolith.law\/tr\/?p=61651"},"modified":"2024-08-26T11:23:12","modified_gmt":"2024-08-26T02:23:12","slug":"share-transfer-ma","status":"publish","type":"post","link":"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma","title":{"rendered":"M&amp;A s\u00fcre\u00e7lerinde en basit d\u00fczen &#8220;Hisse Devri&#8221;nin avantajlar\u0131 ve s\u00f6zle\u015fme s\u00fcreci"},"content":{"rendered":"\n<p>M&amp;A i\u015flemlerinde, \u015firket b\u00f6l\u00fcnmesi, birle\u015fme, hisse devri gibi \u00e7e\u015fitli d\u00fczenlemeler bulunmaktad\u0131r. Bu yaz\u0131da, Japonya&#8217;daki M&amp;A i\u015flemlerinin b\u00fcy\u00fck bir k\u0131sm\u0131n\u0131 olu\u015fturan &#8216;hisse devri&#8217; d\u00fczenlemesi hakk\u0131nda, avantajlar\u0131 ve dezavantajlar\u0131yla birlikte bir a\u00e7\u0131klama yapaca\u011f\u0131z.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/ma-lawyer-basic-agreement\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/ma-lawyer-basic-agreement[ja]<\/a><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Devri_Nedir\" title=\"Hisse Devri Nedir\">Hisse Devri Nedir<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devir_Yontemleri\" title=\"Hisse Senedi Devir Y\u00f6ntemleri\">Hisse Senedi Devir Y\u00f6ntemleri<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Halka_Acik_Hisse_Senedi_Teklifi_TOB\" title=\"Halka A\u00e7\u0131k Hisse Senedi Teklifi (TOB)\">Halka A\u00e7\u0131k Hisse Senedi Teklifi (TOB)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Piyasa_Alimi\" title=\"Piyasa Al\u0131m\u0131\">Piyasa Al\u0131m\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Karsilikli_Islem\" title=\"Kar\u015f\u0131l\u0131kl\u0131 \u0130\u015flem\">Kar\u015f\u0131l\u0131kl\u0131 \u0130\u015flem<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devrinin_Avantajlari\" title=\"Hisse Senedi Devrinin Avantajlar\u0131\">Hisse Senedi Devrinin Avantajlar\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devrinin_Dezavantajlari\" title=\"Hisse Senedi Devrinin Dezavantajlar\u0131\">Hisse Senedi Devrinin Dezavantajlar\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devri_Oncesi_Kontrol_Edilmesi_Gerekenler\" title=\"Hisse Senedi Devri \u00d6ncesi Kontrol Edilmesi Gerekenler\">Hisse Senedi Devri \u00d6ncesi Kontrol Edilmesi Gerekenler<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Cikarilmis_mi\" title=\"Hisse Senedi \u00c7\u0131kar\u0131lm\u0131\u015f m\u0131?\">Hisse Senedi \u00c7\u0131kar\u0131lm\u0131\u015f m\u0131?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senetlerinde_Devir_Kisitlamasi_Var_mi\" title=\"Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var m\u0131?\">Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var m\u0131?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devir_Isleminin_Akisi\" title=\"Hisse Senedi Devir \u0130\u015fleminin Ak\u0131\u015f\u0131\">Hisse Senedi Devir \u0130\u015fleminin Ak\u0131\u015f\u0131<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senetlerinde_Devir_Kisitlamasi_Var_Ise_Hisse_Senedi_Devir_Onay_Talebi\" title=\"(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay Talebi\">(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay Talebi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senetlerinde_Devir_Kisitlamasi_Var_Ise_Hisse_Senedi_Devir_Onayi\" title=\"(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay\u0131\">(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Devir_Sozlesmesinin_Imzalanmasi\" title=\"Hisse Senedi Devir S\u00f6zle\u015fmesinin \u0130mzalanmas\u0131\">Hisse Senedi Devir S\u00f6zle\u015fmesinin \u0130mzalanmas\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Hisse_Senedi_Sahipleri_Listesinin_Guncellenmesi\" title=\"Hisse Senedi Sahipleri Listesinin G\u00fcncellenmesi\">Hisse Senedi Sahipleri Listesinin G\u00fcncellenmesi<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/monolith.law\/tr\/general-corporate\/share-transfer-ma\/#Ozet\" title=\"\u00d6zet\">\u00d6zet<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Devri_Nedir\"><\/span>Hisse Devri Nedir<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>M&amp;A&#8217;da hisse devri, hedef \u015firketin hissedarlar\u0131n\u0131n sahip olduklar\u0131 hisseleri al\u0131c\u0131 taraf\u0131ndaki \u015firkete satmalar\u0131 ve bu \u015fekilde y\u00f6netim haklar\u0131n\u0131 devretmeleri i\u015flemidir. Hissedarlar, hisse devri kar\u015f\u0131l\u0131\u011f\u0131nda nakit elde edebilirler. Di\u011fer M&amp;A d\u00fczenlemelerine k\u0131yasla i\u015flemler daha basit oldu\u011fu i\u00e7in, \u00f6zellikle KOB\u0130&#8217;lerin M&amp;A&#8217;s\u0131nda hisse devri s\u0131kl\u0131kla tercih edilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devir_Yontemleri\"><\/span>Hisse Senedi Devir Y\u00f6ntemleri<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hisse senedi devir y\u00f6ntemleri olarak b\u00fcy\u00fck \u00f6l\u00e7\u00fcde &#8216;Halka A\u00e7\u0131k Teklif (TOB)&#8217;, &#8216;Piyasa Al\u0131m\u0131&#8217; ve &#8216;Kar\u015f\u0131l\u0131kl\u0131 \u0130\u015flem&#8217; olmak \u00fczere \u00fc\u00e7 tane bulunmaktad\u0131r.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Halka_Acik_Hisse_Senedi_Teklifi_TOB\"><\/span>Halka A\u00e7\u0131k Hisse Senedi Teklifi (TOB)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Halka A\u00e7\u0131k Hisse Senedi Teklifi, TOB (Take-Over Bid) olarak da bilinir ve al\u0131m detaylar\u0131n\u0131 (al\u0131m s\u00fcresi, al\u0131m fiyat\u0131, hisse senedi say\u0131s\u0131) ilan ederek, borsa arac\u0131l\u0131\u011f\u0131 olmadan b\u00fcy\u00fck miktarda hisse senedi al\u0131m\u0131 yapma y\u00f6ntemidir. Japon Finansal \u00dcr\u00fcnler ve Borsa Kanunu&#8217;na g\u00f6re, al\u0131m sonras\u0131 hisse senedi sahipli\u011fi oran\u0131 \u00fc\u00e7te biri a\u015farsa, halka a\u00e7\u0131k teklif yap\u0131lmas\u0131 gerekmektedir (\u00fc\u00e7te bir kural\u0131). TOB&#8217;de belirtilen al\u0131m fiyat\u0131, daha fazla hisse senedi almak i\u00e7in genellikle piyasa i\u015flem fiyat\u0131ndan daha y\u00fcksek olarak belirlenir.<\/p>\n\n\n\n<p>TOB, dostane TOB ve d\u00fc\u015fmanca TOB olmak \u00fczere ikiye ayr\u0131l\u0131r. Dostane TOB, hedef \u015firketin y\u00f6netim kurulunun onay\u0131n\u0131 ald\u0131\u011f\u0131 durumlar\u0131 ifade ederken, d\u00fc\u015fmanca TOB, hedef \u015firketin y\u00f6netim kurulunun kar\u015f\u0131 \u00e7\u0131kt\u0131\u011f\u0131 durumlar\u0131 ifade eder. D\u00fc\u015fmanca TOB&#8217;ye kar\u015f\u0131, zehirli hap veya alt\u0131n para\u015f\u00fct gibi \u00e7e\u015fitli kar\u015f\u0131 \u00f6nlemler bulunmaktad\u0131r.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Piyasa_Alimi\"><\/span>Piyasa Al\u0131m\u0131<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Piyasa al\u0131m\u0131, hedef \u015firketin halka a\u00e7\u0131k bir \u015firket oldu\u011fu durumlarda, borsada hisse senedi toplama y\u00f6ntemidir. Ancak, b\u00fcy\u00fck miktarda al\u0131m emri verilirse hisse senedi fiyat\u0131n\u0131n y\u00fckselme olas\u0131l\u0131\u011f\u0131 y\u00fcksek oldu\u011fu i\u00e7in, hisse senetlerinin \u00e7o\u011funlu\u011funu elde etme amac\u0131yla yap\u0131lan i\u015flemler pek yayg\u0131n de\u011fildir.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Karsilikli_Islem\"><\/span>Kar\u015f\u0131l\u0131kl\u0131 \u0130\u015flem<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Kar\u015f\u0131l\u0131kl\u0131 i\u015flem, piyasa d\u0131\u015f\u0131nda i\u015flem yapmay\u0131 ifade eder ve halka a\u00e7\u0131k olmayan \u015firketlerde sadece kar\u015f\u0131l\u0131kl\u0131 i\u015flem yap\u0131l\u0131r. Taraflar anla\u015f\u0131rsa, i\u015flem ko\u015fullar\u0131 gibi fiyatlar\u0131 serbest\u00e7e belirleyebilirsiniz.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devrinin_Avantajlari\"><\/span>Hisse Senedi Devrinin Avantajlar\u0131<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Devreden \u015firket i\u00e7in avantajlar genellikle a\u015fa\u011f\u0131daki iki noktada toplanmaktad\u0131r:<\/p>\n\n\n\n<ul>\n<li>\u015eirketin varl\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrebilmesi<\/li>\n\n\n\n<li>Hisse sahiplerinin hisse senetlerini nakde \u00e7evirebilmesi<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/11\/share-transfer-ma2.jpg\" alt=\"\" class=\"wp-image-21231\" \/><\/figure>\n\n\n\n<p>\u00d6te yandan, devralan \u015firket i\u00e7in avantajlar a\u015fa\u011f\u0131daki iki noktada bulunmaktad\u0131r:<\/p>\n\n\n\n<ul>\n<li>\u0130zinler ve s\u00f6zle\u015fmeler genellikle devral\u0131nabilir<\/li>\n\n\n\n<li>Di\u011fer d\u00fczenlemelere k\u0131yasla, i\u015flemler daha basittir<\/li>\n<\/ul>\n\n\n\n<p>Hisse senedi devri durumunda, izinlerin ve s\u00f6zle\u015fmelerin devredilebildi\u011fi durumlar \u00e7o\u011funluktad\u0131r. Ancak, i\u015flem temel s\u00f6zle\u015fmeleri veya kiralama s\u00f6zle\u015fmeleri, b\u00fcy\u00fck hissedarlar\u0131n de\u011fi\u015fmesi durumunda s\u00f6zle\u015fmenin feshedilece\u011fini belirten bir madde i\u00e7erebilir, bu nedenle bu konuda dikkatli olunmal\u0131d\u0131r. Pratikte, bu madde oldu\u011fu i\u00e7in s\u00f6zle\u015fme mutlaka feshedilmez ve yeni hissedar\u0131n kredi derecesine ba\u011fl\u0131 olarak s\u00f6zle\u015fmenin devam ettirilebildi\u011fi durumlar da s\u0131kl\u0131kla g\u00f6r\u00fcl\u00fcr.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devrinin_Dezavantajlari\"><\/span>Hisse Senedi Devrinin Dezavantajlar\u0131<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Devreden \u015firketin hissedar say\u0131s\u0131 az ise sorun olmayabilir, ancak \u00e7ok say\u0131da hissedar\u0131 varsa hisse senetlerinin d\u00fczenlenmesi zor olabilir.<\/p>\n\n\n\n<p>Ayr\u0131ca, devralan \u015firket i\u00e7in, bor\u00e7lar ve defter d\u0131\u015f\u0131 bor\u00e7lar gibi unsurlar\u0131n da topluca devral\u0131nmas\u0131 gerekti\u011fi bir dezavantaj vard\u0131r. Bu nedenle, \u00f6nceden yap\u0131lacak olan due diligence (detayl\u0131 inceleme) i\u015flemlerinin dikkatlice ger\u00e7ekle\u015ftirilmesi gerekmektedir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devri_Oncesi_Kontrol_Edilmesi_Gerekenler\"><\/span>Hisse Senedi Devri \u00d6ncesi Kontrol Edilmesi Gerekenler<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hisse senedi devri ger\u00e7ekle\u015ftirirken, a\u015fa\u011f\u0131daki noktalar\u0131 kontrol etmekte fayda vard\u0131r.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Cikarilmis_mi\"><\/span>Hisse Senedi \u00c7\u0131kar\u0131lm\u0131\u015f m\u0131?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Hisse senedi \u00e7\u0131karan \u015firketlerde, hisse senedi devri s\u0131ras\u0131nda hisse senedi teslim prosed\u00fcr\u00fc gereklidir. \u015eirket Hukuku&#8217;nun y\u00fcr\u00fcrl\u00fc\u011fe girdi\u011fi 2006 y\u0131l\u0131 May\u0131s (Heisei 18) \u00f6ncesinde kurulan \u015firketlerde, t\u00fcz\u00fckte hisse senedi \u00e7\u0131kar\u0131lmayaca\u011f\u0131na dair bir h\u00fck\u00fcm bulunmuyorsa, bu bir hisse senedi \u00e7\u0131karan \u015firkettir. Tersine, 2006 y\u0131l\u0131 May\u0131s&#8217;tan (Heisei 18) sonra kurulan \u015firketlerde, t\u00fcz\u00fckte hisse senedi \u00e7\u0131kar\u0131laca\u011f\u0131na dair bir h\u00fck\u00fcm bulunmuyorsa, bu bir hisse senedi \u00e7\u0131karmayan \u015firkettir.<\/p>\n\n\n\n<p>Hisse senedi \u00e7\u0131karmayan \u015firketlerde, hisse senedi devir s\u00f6zle\u015fmesi imzalayarak hissedarlar listesindeki isim de\u011fi\u015fikli\u011fini ger\u00e7ekle\u015ftirerek hak devri yapabilirsiniz. Ancak, hisse senedi \u00e7\u0131karan \u015firketlerde, hisse senedini teslim etmeden hak devri ger\u00e7ekle\u015ftirilemez, bu nedenle dikkatli olunmal\u0131d\u0131r.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senetlerinde_Devir_Kisitlamasi_Var_mi\"><\/span>Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var m\u0131?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Devir hedefi olan hisse senetlerinde devir k\u0131s\u0131tlamas\u0131 bulunuyorsa, hisse senedi devir onay\u0131 talep edilmesi ve onay al\u0131nmas\u0131 gerekmektedir. Hisse senetlerinde devir k\u0131s\u0131tlamas\u0131 olup olmad\u0131\u011f\u0131, t\u00fcz\u00fck veya kay\u0131t belgesi ile kontrol edilebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devir_Isleminin_Akisi\"><\/span>Hisse Senedi Devir \u0130\u015fleminin Ak\u0131\u015f\u0131<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u0130ki taraf aras\u0131ndaki hisse senedi devir i\u015flemi, devir veren ve devir alan aras\u0131nda bir anla\u015fma oldu\u011fu s\u00fcrece ger\u00e7ekle\u015ftirilebilir. Ancak, i\u015flemin ge\u00e7erlilik kazanmas\u0131 ve \u00fc\u00e7\u00fcnc\u00fc taraflara kar\u015f\u0131 uygulanabilir olmas\u0131 i\u00e7in Japon \u015eirketler Kanunu&#8217;na dayal\u0131 prosed\u00fcrlerin izlenmesi gerekmektedir. \u0130\u015fte iki taraf aras\u0131ndaki hisse senedi devir i\u015fleminin genel ak\u0131\u015f\u0131n\u0131 a\u00e7\u0131kl\u0131yoruz.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senetlerinde_Devir_Kisitlamasi_Var_Ise_Hisse_Senedi_Devir_Onay_Talebi\"><\/span>(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay Talebi<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Devir k\u0131s\u0131tlamas\u0131 olan hisse senetlerini devretmek isteyen bir hissedar, hisse senedi devir onay talebini \u015firkete sunmal\u0131 ve onay almal\u0131d\u0131r. Hisse senedi devir onay talebinde a\u015fa\u011f\u0131dakiler belirtilmelidir:<\/p>\n\n\n\n<ul>\n<li>Devredilecek hisse senetlerinin t\u00fcr\u00fc ve say\u0131s\u0131<\/li>\n\n\n\n<li>Devir al\u0131c\u0131n\u0131n adresi, ad\u0131 veya unvan\u0131<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2020\/11\/share-transfer-ma3.jpg\" alt=\"\" class=\"wp-image-21232\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senetlerinde_Devir_Kisitlamasi_Var_Ise_Hisse_Senedi_Devir_Onayi\"><\/span>(Hisse Senetlerinde Devir K\u0131s\u0131tlamas\u0131 Var \u0130se) Hisse Senedi Devir Onay\u0131<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Y\u00f6netim kurulu olan bir \u015firkette, hisse senedi devir i\u015flemi y\u00f6netim kurulu taraf\u0131ndan onaylan\u0131r. Y\u00f6netim kurulu olan bir \u015firkette bile, t\u00fcz\u00fckte bir h\u00fck\u00fcm varsa, genel kurulda da onaylanabilir. Y\u00f6netim kurulu olmayan bir \u015firkette, onay genel kuruldan al\u0131n\u0131r. Onay veya ret karar\u0131 verildi\u011finde, \u015firket talep sahibine bildirimde bulunur.<\/p>\n\n\n\n<p>Devir onay talebinin yap\u0131ld\u0131\u011f\u0131 tarihten itibaren 2 hafta i\u00e7inde (t\u00fcz\u00fck ile k\u0131salt\u0131labilir) bildirim yap\u0131lmazsa, Japon \u015eirketler Kanunu&#8217;na g\u00f6re, \u015firketin devri onaylad\u0131\u011f\u0131 kabul edilir, bu nedenle dikkatli olunmal\u0131d\u0131r.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Devir_Sozlesmesinin_Imzalanmasi\"><\/span>Hisse Senedi Devir S\u00f6zle\u015fmesinin \u0130mzalanmas\u0131<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Devir onay\u0131 verildiyse, hisse senedi devir s\u00f6zle\u015fmesi imzalan\u0131r. Ancak, hisse senedi devir s\u00f6zle\u015fmesi imzalanmadan \u00f6nce, bir due diligence (gerekli \u00f6zen) s\u00fcreci ger\u00e7ekle\u015ftirilmeli ve riskler belirlenmelidir.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/investment-contract-clause-management-company\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/investment-contract-clause-management-company[ja]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hisse_Senedi_Sahipleri_Listesinin_Guncellenmesi\"><\/span>Hisse Senedi Sahipleri Listesinin G\u00fcncellenmesi<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Devir veren ve devir alan, \u015firkete hisse senedi sahipleri listesinin g\u00fcncellenmesi talebinde bulunur. Hisse senedi \u00e7\u0131kar\u0131lmayan bir \u015firkette, devir alan hisse senedi sahipleri listesi bilgilerinin belgelendirilmesini talep edebilir. Yukar\u0131da belirtildi\u011fi gibi, hisse senedi \u00e7\u0131karan bir \u015firkette, hisse senedi devir i\u015fleminin ge\u00e7erlilik kazanmas\u0131 i\u00e7in hisse senedi verilmesi gerekmektedir.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/exit-by-ipo-m-and-a\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/exit-by-ipo-m-and-a[ja]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ozet\"><\/span>\u00d6zet<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hisseyi devretmek, di\u011fer M&amp;A planlar\u0131na k\u0131yasla daha basit bir i\u015flemdir, ancak i\u015flemlerin sorunsuz bir \u015fekilde ilerlemesi i\u00e7in hukuki ve vergi konular\u0131nda uzman bilgisi gereklidir. Hisse devri d\u00fc\u015f\u00fcn\u00fcyorsan\u0131z, \u00f6ncelikle geni\u015f deneyime sahip bir avukata dan\u0131\u015fman\u0131z \u00f6nerilir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&amp;A i\u015flemlerinde, \u015firket b\u00f6l\u00fcnmesi, birle\u015fme, hisse devri gibi \u00e7e\u015fitli d\u00fczenlemeler bulunmaktad\u0131r. Bu yaz\u0131da, Japonya&#8217;daki M&amp;A i\u015flemlerinin b\u00fcy\u00fck bir k\u0131sm\u0131n\u0131 olu\u015fturan &#8216;hisse devri [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":64821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/posts\/61651"}],"collection":[{"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/comments?post=61651"}],"version-history":[{"count":3,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/posts\/61651\/revisions"}],"predecessor-version":[{"id":72294,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/posts\/61651\/revisions\/72294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/media\/64821"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/media?parent=61651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/categories?post=61651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/tr\/wp-json\/wp\/v2\/tags?post=61651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}